banking - Banking is now no longer restricted to the...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
“Banking is now no longer restricted to the offices,” (Ganesan & Vivekanandan, 2009, p. 132). Banks know that the Internet unbolts up new limits for them and transfers them from native to universal frontiers. Balabanis, Reynolds, & Simintiras (2006) specifies that Internet banking (also known as e-banking) is altering the banking business and is having the key properties on banking relationships. Internet banking mentions to systems that permit bank clients to get admittance to their financial records and general information, without the interference of sending materials (Thulani, Tofara, & Langton, 2009). As per the definition of the authors, such as (Achour & Bensedrine, 2005; Bauer, Hammerschmidt, & Falk, 2005; Balabanis, Reynolds, & Simintiras, 2006) the term e-Banking is defined as the mechanical transport of all banking products and services directly to customers through automated letter channels. It includes the systems that enable financial institution customers, individuals or corporates to access banking facilities throughout a viable channel. Providing e- banking is gradually flattering a "need to have" than a "nice to have" service which has specifically identified by (Bauer, Hammerschmidt, & Falk, 2005; Ibrahim, Joseph, & Ibeh, 2006). The net banking, therefore, at the present is more of a norm rather than exclusion in most of the countries due
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/21/2011 for the course BUSINESS AAF001-1 taught by Professor Dr.tony during the Spring '11 term at University of Bedfordshire.

Page1 / 3

banking - Banking is now no longer restricted to the...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online