preview

What Are The Advantages And Disadvantages Of Online Banking?

Good Essays
Online banking has become popular in this 21st century that online banking safety tips should be considered as a very important aspect of online banking if you don't want to fall victim of online fraudsters who are looking for whom to defraud.

There are alot of advantages of online banking that you cannot afford not to be using it just because of the fraudsters ,this benefits include;

1) Convenience ; online safes you from the rigor of going to bank and join the queue and stay for long period of time before you can transact.

2) At a click of buttons on the Internet, you are done with your transaction - that's it , it's very fast

3) It can be done anywhere at any time provided you have Internet facilities.

4) You can make purchase of
…show more content…
These benefits are numerous that you will not want to use it because of online fraudsters

The advantages of using online banking is so much ,it outweigh the risk .

THESE ARE ONLINE SAFETY TIPS FOR YOUR ONLINE BANKING

1) INSTALL SECURITY UPDATES REGULARLY

Most of the operating systems expecially Microsoft Windows and Apple MacOS do have security updates that are being issued out by those companies, this is being done to protect your computer from recent Internet threats which can be dangerous to your online banking, hence you will be doing yourself alot of good by regularly doing security updates on your computer.This can be done either by configuring your computer to check for security updates and install them automatically or you go to the websites of the company and check for updates.

2) USING OF FIREWALL

I want to believe that you know that anytime you are connected to Internet, you are already vulnerable to attacks ,hence one of the ways to protect yourself and your online banking is by using personal
Get Access