Skip to main content

5 Reasons Why You Should Stop Wasting Your Time Going To The Bank And Adopt Online Banking Right Now


If you have been banking offline all these while, you will have a change of mind after reading these reasons to go online.
Online banking, also known as internet banking, e-banking or virtual banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution’s website or mobile app.
Online banking is becoming much more common. You can pay your bills online and access a record of your checking account transactions online. Online banking is a great feature, and most banks offer it. … Some banks allow you to deposit checks by simply taking a picture of it. Here are five advantages of online banking below:
1. Pay Your Bills Online:
You can use online banking to pay your bills. This will eliminate the need for stamps and protect yourself from the check being lost in the mail. Most banks will have a section in which you set up payees. You will need to fill out the information once, and then you can simply choose that profile every time you pay a bill online.
If your bank will not pay bills online you may consider paying online through the company. Be careful since some of these companies may charge a convenience fee.
2. View Your Transactions:
Online banking allows you to access your account history and transactions from anywhere. This is the quickest way to check and see if a transaction has cleared your account. This can help you to find out the amount of a transaction after you have lost your receipt. It also allows you to find out about unauthorized transactions more quickly. This can help you to resolve the issues more quickly.
Some banks will show you pending transactions. These are transactions that you made that day and many more detail you need to know about your transactions.
3. Transfer Money Between Accounts:
Like the subtitle prescribes, Online banking also allows you to transfer money between accounts much more quickly. It is more convenient than using the automated phone service, and can save you a trip to the bank.
4. Mobile Banking
Most banks will have a mobile app that allows you to take advantage of online banking on your phone. This makes online banking even more convenient and allows you to quickly check up on your account when you are out shopping. However, you need to be sure you are accessing this information on a  secure network and avoid using public WiFi while completing these transactions. Mobile banking makes online banking even easier.
  • Check your balance while you are shopping or on the go.

 You Also Need To Know This:

6. Protect Yourself Online:

It is important to be careful when banking online. You do not want your safety or privacy to be breached. It is important to clear your cookies after each banking session if you are at a public computer. Additionally, you need to make sure that your password is long enough to prevent it from easily being hacked. Never give your online account information to someone who is not an authorized signer on your account. Check your credit report regularly. These steps should protect you from identity theft. You should make sure to protect your password especially if you have roommates. Take the time to make the necessary precautions.
  • Monitor your account regularly for fraudulent charges.
  • Avoid using public Wi-Fi when accessing your accounts.
  • Follow the password guidelines, and consider changing your password on a regular basis.
Labels:

Comments

Post a Comment

Popular posts from this blog

WordPress vs. Blogger – Which one is Better? (Pros and Cons)

We are often asked by new users  why they should use WordPress  instead of free blogging services like  WordPress.com  or Blogger? WPBeginner is the largest resource site for WordPress beginners, so it is obvious that we favor WordPress over other blogging platforms. In this article, we will do a WordPress vs Blogger comparison to help you decide which one is better for your needs. We will cover all WordPress vs Blogger pros and cons, so you can make the best decision when it comes Blogger vs. WordPress as a platform for your site. Important:  Please note that this comparison is between self-hosted WordPress.org and Blogger, not WordPress.com vs Blogger. Please see our guide on the difference between self-hosted  WordPress.org vs Free WordPress.com  blog. 1. Ownership Blogger is a blogging service provided by the tech giant Google. It is free, reliable most of the time, and quite enough to publish your stuff on the web. However, it is not owne...
2 comments
Read more

Usain Bolt Shows Off His Football Skills As He Trains In South Africa (Photos)

World’s fastest man, Usain Bolt seems to have finally kick-started his football career. The retired Olympian looked like a natural as he trained with the South African Premier Division leaders on Monday. The Jamaican attended the practice session in Johannesburg…. Bolt has previously expressed his desire to play for Manchester United following his retirement from the race track. And the 31-year-old kicked off his football career with a training session with Mamelodi Sundowns at Chloorkop. The world’s fastest man was introduced to the team through their joint sponsor – Puma. He got stuck in with the session, and the clubs official Twitter page shared videos of the superstar in action. After that, he paid a visit to the Puma School of Speed – which is an organisation set up to find the next generation of talent. The Jamaican chatted to the children, threw gifts into crowd and posed for photographs with several lucky fans. See more photos below:-
Post a Comment
Read more

41 Nigerians Deported From Germany, Switzerland, Four Others

At least 41 Nigerians were on Thursday deported from six European countries for immigration and related offences. The deportees came from Austria, Germany, Hungry, Switzerland, Norway and Denmark.  According to TheNation, a Nigeria Immigration Service (NIS) source said the deportees comprised 35 males and six females. The source said the 41 people were deported for overstaying in the European countries. They were picked from different cities in the six countries.
Post a Comment
Read more