| This article is for people who have a | | | | are also stimulated to do banking online: for |
| computer and at least one credit card. The | | | | example, they are not charged fees for |
| matter is those who have both the devices, | | | | payments. Besides, one is not supposed to |
| can manage their finance pretty well with the | | | | spend extra money on mailing or trips to the |
| help of online banking services. It is not | | | | bank. |
| only online credit card applications . Banks | | | | |
| also offer online access to your credit card | | | | Everything seems extra-advantageous! But some |
| account, online credit card payments and | | | | people still hesitate about choosing online |
| other ways of your credit management. | | | | banking instead of traditional services. |
| | | | These are the reasons: |
| Why do banks promote online banking so | | | | |
| actively? | | | | * It can be not quite safe sometimes. Banks |
| | | | really do their best to provide outstanding |
| * It is quick and convenient. You do not have | | | | security of their web-sites and convince |
| to spend your precious time on going to the | | | | people in safety of the services. However, |
| bank office, filling out and posting numerous | | | | there are numerous viruses and Trojan |
| papers etc. You just make your payments, | | | | programs spread in the net, and in case of |
| receive your detailed statements and make | | | | weak anti-virus software on your computer, |
| other operations via the Internet, at the | | | | your data can be hacked. There are also fake |
| site of your bank. A statement will be sent | | | | bank sites (they look like genuine sites, but |
| right to your e-mail or you will have access | | | | addresses differ) and malicious emails that |
| to your personal online account. | | | | can be spoofing for consumers. However, the |
| | | | risk of identity theft is higher if you |
| * It is safe. Banks maintain that all the | | | | receive credit card statements and send |
| online operations - applications, payments | | | | applications through the mail. |
| etc - are safe and secure. The pages where | | | | |
| you enter your personal information are | | | | * Computers and Internet can sometimes fail. |
| protected by data security protocols (Secure | | | | Besides, you cannot control the operation |
| Sockets Layer, for example). Thus, the | | | | after you enter all the data and click |
| information is encrypted to be unavailable | | | | 'Submit'. |
| for abusers. Statistics show that identity | | | | |
| theft via stealing bank mail is more frequent | | | | * The danger to your safety also includes the |
| than via the Internet. | | | | danger of losing money and time. |
| | | | |
| * It is cheap. Banks have a special interest | | | | As you see, all the benefits of online |
| in developing online banking because it | | | | banking have dark sides. Each of us should |
| reduces the costs. All the operations and | | | | decide whether to sign up for it or go on |
| processing is carried out electronically. The | | | | using traditional banking services. |
| company does not have to hire personnel, rent | | | | Independent of your decision, banks will go |
| or buy new offices and equipment. Besides, | | | | on promoting online services as a modern and |
| online services are time-saving. Customers | | | | cheap way to serve customers. |