Direct Internet Banking
Although online banking security is continually improving, such accounts are still vulnerable when it comes to hacking. Consumers are advised to use their own data plans, rather than public Wi-Fi networks when using online banking, to prevent unauthorized access. With online banking, consumers aren't required to visit a bank branch to complete most of their basic banking transactions. They can do all of this at their own convenience, wherever they want—at home, at work, or on the go. Advantages Of Online Banking In addition, most of the studies of innovative banking services were performed in developed countries. Chen and Puttitanun asserted, however, that developing countries may radically differ from developed countries when exerting and exploiting innovation. It is useful to study the relationship between the development of e-banking channels and bank market share in developing countries like Iran. The SMS text usually quotes the transaction amount and details, the TAN is on...