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Why do banks encourage online banking?

April 26, 2017Banks ENCOURAGE Online Banking

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Why do banks encourage online banking?

1 Answer

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Banks encourage online banking because it is easy and convenient for their customers to access their account. Also it reduces crowd in their branches and hence it is enough if the bank staffs lesser people in its branches. Moreover online banking offers a variety of features that are simpler than visiting the branch and also cost effective for the banks in all ways. hence they are encouraging online banking.