Introduction - Write Short Notes
Automated Teller Machine (ATM):
ATM' An automated teller machine (ATM) is an electronic banking device, which allows customers to complete basic transactions without the support of a branch representative or teller. A automated teller machine (ATM) is an electronic broadcast communications gadget that empowers clients of monetary organizations to perform money related exchanges, for example, money withdrawals, stores, exchange subsidizes, or getting account data, whenever and without the requirement for coordinate cooperation with bank staff.
E-Banking:
E-banking also known as internet banking, it is an electronic payment system that helps customers of a bank or other financial institution to conduct a wide range of financial transactions through the financial institution's website. The internet banking system will regularly associate with or be a piece of the center keeping money framework worked by a bank and is as opposed to branch saving money which was the conventional way clients got to saving money administrations.
To get to a money related establishment's web based saving money office, a client with web access should enroll with the organization for the administration, and set up a secret word and different accreditations for client check. The credentials for online banking is normally not the same as for telephone or mobile banking.
Mobile Banking:
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Versatile saving money alludes to the utilization of a cell phone or other cell gadget to perform internet saving money errands abide far from your home PC, for example, checking account adjusts, exchanging stores between accounts, charge installment and finding an ATM. Versatile saving money is an administration gave by a bank or other budgetary establishment that enables its clients to lead monetary exchanges remotely utilizing a cell phone, for example, a cell phone or tablet.
Branch-less Banking:
Branchless Banking is a significantly cheaper alternative to regular branch-based banking that allows financial institutions and other commercial actors to offer financial services outside traditional bank premises by using delivery channels like retail agents, mobile phone etc. Utilization of technology, for example, installment cards or cell phones, to recognize clients and record exchanges electronically and, sometimes, to enable clients to start exchanges remotely
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