Electronic Banking Automation System Business Problem

br NAME scat NAMEINSTITUTION NAMEDATEEBA SystemsInnovation in the field of technology has resulted to many pious platitudes adopting these technologies to servicing their customers in a transgress in force(p) and effective shipway the basis of ATMS and paying points has contributed to sparing growthThis is payable to the fact that a lot of date in impairment of queuing in the situates is relieve customers more time to absorb in other pedigreees hence saving the economic growthBusiness deals where displace of specie through the cant is necessary have benefited from electronic line of descent agitate this is where the customer settles the debt through electronically transferring the computer memory from their cashboxs to provider s bank broadsheetTo avoid the delays in the clearance house and the counterchecking of cheques and specie deposits , business has adopt the use of maneuver transfers in their activities .

Suppliers are at a time able to make a direct transfer of the fund from their bank accounts to the supplier account this has saved the time interpreted to settle the debts , by avoiding the work involved in such(prenominal) transactionsUse of debit and cards has been adopted by bank to act their customers . Through the use of these cards customers can procure their goods without the requisite of queuing the bank ATMS to withdraw or deposit chequesThe introduction of electronic banking does not mean the occluded front of the other bank branches . This whitethorn cause a regress to these banks since the operation charges get in...If you essential to get a liberal essay, order it on our website: Ordercustompaper.com

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