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What are the different components that electronic banking provides?
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27 votes
27 votes
What are the different components that electronic banking provides?

User Vitaly Isaev
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2 Answers

12 votes
12 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 Mr Menezes
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2.7k points
21 votes
21 votes
Electronic banking provides safety of your money, and allows you to monitor transactions.
User MCBama
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3.3k points
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