Question

State any three features of e-banking.

Answer 1

The main features of e-banking are as follows:

1. The bank and the customer do not meet face-to-face in person.
2. Both the bank and the customer must have access to a computer or mobile device.
3. The customer must opt for the e-banking facility from the bank.
4. Both the bank’s staff and the customer need to understand the e-banking process and technology.