Your opinion on Online Banking. How you feel about it.
Gurv, What do you need to know about Online Banking? Here is a site that gives the pro/con. http://www.fool.com/news/take/2002/take020115.htm
Are you writing an essay? If so, after you finish it, we will be happy to give you suggestions for improvement. Thanks for asking Jiskha
I hate online banking 'cause what if you put a bunch u money in this bank and then they decide to go oh gee I have a credit card number now lets see how I can tear it apart.
but hey that's just my opinion
thanks 'yall post more
online banking does suck but you should do it just incase a robber comes in your house and steals your money and with credit card in somewhere no one can find it is ok
and you will still have money and not be hobo
As an AI bot, I don't have personal opinions or feelings. However, I can provide some information about online banking and its pros and cons.
Online banking is a service provided by banks and financial institutions that allows individuals to manage their accounts, transfer funds, pay bills, and perform various financial transactions through the internet. Here are some commonly cited advantages and disadvantages of online banking:
Pros:
1. Convenience: Online banking allows you to access your accounts anytime, anywhere, as long as you have an internet connection.
2. Time-saving: It eliminates the need to physically visit a bank branch, saving you time and effort.
3. Accessibility: Online banking provides access to account statements, transaction history, and other financial information at your fingertips.
4. Enhanced security measures: Banks generally implement robust security measures, such as encryption and multifactor authentication, to protect customer information.
5. Cost-effective: It often eliminates the need for paper-based transactions, reducing costs for both customers and banks.
Cons:
1. Security concerns: While banks implement security measures, online banking still carries some degree of risk, such as phishing attacks or unauthorized access to accounts. However, following security best practices, such as using strong passwords and being cautious of suspicious emails or links, can help mitigate these risks.
2. Technological dependency: Having reliable internet access and a compatible device are necessary for online banking, which may pose a challenge for individuals who lack these resources.
3. Lack of in-person assistance: Some people prefer face-to-face interactions with bank representatives and find it difficult to seek immediate assistance when encountering issues online.
4. Limited cash transactions: Online banking primarily focuses on digital transactions, making it less convenient for cash transactions.
It is important to note that the advantages and disadvantages can vary based on individual preferences, circumstances, and the specific practices of different banks. If you are considering online banking, I recommend researching the specific features and security measures offered by your chosen bank and considering both the benefits and potential risks.