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What are the disadvantages of e-banking?


lekhraj.kushwaha 27th Feb, 2023
Answer (1)
lekhraj.kushwaha 27th Feb, 2023

Along with advantages, E banking also have some disadvantages which are as follows:

Sometimes E banking can lead to hacking and illegal transactions.

Some transactions get slow due to the poor internet connection which may cause tension before the transaction is complete.

E banking becomes difficult to learn for an uneducated person which becomes challenging for him/her.

It eliminates face-to-face communication which may become frustrating sometimes and people feel insecure.

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