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What are the different components that electronic banking provides?

User Telkins
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2 Answers

9 votes

Answer:

Effiency, you can't spend more than you have.

Step-by-step explanation:

Electrical banking allows you to make purchases online much quicker rather than punching in the numbers for your credit/debit card. And with electrical banking, the money comes directly from your account unlike a credit card its the banks money so if you spend to much, you're in debt, but that can't happen with electrical banking.

User Rex Logan
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12 votes
Electronic banking provides safety of your money, and allows you to monitor transactions.
User Bo Xiao
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