Electronic Banking Automation System Business Problem

br NAME COURSE NAMEINSTITUTION NAMEDATEEBA SystemsInnovation in the field of technology has resulted to many pious platitudes adopting these technologies to serve their customers in a wagerer in force(p) and effective ways the basis of ATMS and paying points has contributed to frugal growthThis is payable to the fact that a lot of date in impairment of queuing in the situates is saved customers more time to quest for in other businesses thus saving the economic growthBusiness deals where grafting of specie through the bank is necessary have benefited from electronic line of descent transfer this is where the customer settles the debt through electronically transferring the fund from their banks to provider s bank noticeTo avoid the delays in the headway house and the counterchecking of cheques and specie deposits , bus iness has pick out the use of behave transfers in their activities .

Suppliers are now able to make a direct transfer of the fund from their bank accounts to the supplier account this has saved the time taken to settle the debts , by avoiding the plenteous treatment involved in such transactionsUse of debit and card game has been adopted by bank to serve their customers . Through the use of these cards customers can procure their goods without the necessity of queuing the bank ATMS to withdraw or deposit chequesThe introduction of electronic banking does not mean the stop of the other bank branches . This may cause a draw back to these banks since the operation charges get in...If you want to get a full essay, order it on ou! r website: OrderEssay.net

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