answersLogoWhite

0

Demerits of e banking

User Avatar

Anonymous

14y ago
Updated: 8/17/2019

Actually speaking e-banking or internet banking has revolutionized the banking industry. Customers are able to carry out banking transactions from the comfort of their homes or offices. The only possible demerits I can think of are:

1. Phishing - Malicious elements trying to get your internet banking credentials and trying to access your bank account

2. Online Fraud

3. Probably it makes you lazy too…

User Avatar

Wiki User

14y ago

What else can I help you with?