Business Studies

Which of the following is/are the benefit(s) of e-banking to the banker?


ANSWER

All of the above


SOLUTION
E-banking can be defined as a method of banking. Through e-banking customers can conduct transactions electronically. E-banking is a product designed for the purpose of online banking. Benefits of e-banking to the banker are:
a) Competitive advantage
b) Network is expanded beyond branches
c) Centralized database reduces work load.
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