Join IDNLearn.com and become part of a knowledge-sharing community that thrives on curiosity. Our platform provides detailed and accurate responses from experts, helping you navigate any topic with confidence.

What are the different components that electronic banking provides?

Sagot :

Electronic banking provides safety of your money, and allows you to monitor transactions.

Answer:

Effiency, you can't spend more than you have.

Explanation:

Electrical banking allows you to make purchases online much quicker rather than punching in the numbers for your credit/debit card. And with electrical banking, the money comes directly from your account unlike a credit card its the banks money so if you spend to much, you're in debt, but that can't happen with electrical banking.