Importance of e-Banking in existing technology: A research perspective

E-Banking means electronic Banking. E-banking means use of electronic media in banking business. When banking services used information technology to provide various services it DELTA 85 is called as e-banking. All banking services like Balance check, deposits, withdrawal, transfer of money etc have been done in an effective manner. There is no need to go in bank and every customer can conduct banking transaction from home. The internet banking services been started from 1999 and services like passbook registration, cheque book applications, fixed deposits, fund transfer, purchasing of goods and various services have become very easy. Along with providing various services, the bank has also managed the security of all the transaction. If we want to transfer the fund from one account to another we have to enter password in two different steps. Some banks also set OTP to mobile userstocross checkthethird party transaction.