作者：Lorenzo Covre 2 月以前
46
Banking
Modern banking has evolved significantly with the advent of internet banking, which allows users to perform various transactions remotely, reducing the need for physical visits to bank branches.
開啟
Banking Internet Banking Telephone banking or postal transactions for some services In person visits to bank branches Can be difficult for users without reliable internet Cybersecurity concerns Reduces the need for physical visits to banks Ability to perform many banking activities remotely 24/7 access to account information Cheques Cheques have been in use for decades, so similar process Paper-based, so environmentally less friendly Risk of bounced cheques if funds are insufficient Processing can take days Accepted by many vendors Provides a record of transaction Safe for larger payments Credit/Debit cards & contactless payments Traveler's cheques for larger purchases Charge accounts or layway plans with retailers Cash payments Merchant fees can be high Susceptible to fraud Risk of over spending Reduces the need to carry cash Contactless is fast and hygenic Convenient for everyday purchases Electronic Funds Transfer (EFT) Manual bank processing, often requiring several days Cash or cheque payments Requires technical infrastructure Possible transfer delays Risk of cyber attacks Reduces processing time for payments No need for physical cash Fast and secure transactions Automated Teller Machines (ATM) Access 50 years ago Withdrawal through cheques or bank drafts Teller at a bank branch during working hours Disadvantages Limited to certain types of transactions Service fees may apply Vulnerable to fraud Advantages Reduces the need for in-bank transactions Provides quick cash withdrawal Accessible 24/7
