Next part of the previous post.........
Now finance services are getting more advantages on the net. No need to go so far; just think about the banking services first.
Now the entire banker has come with their internet services, you will be getting all the banking services in any 24 hrs on the net. Yes, there is no counter where you need wait in a long queue, it is known as "virtual banking". The concept of internet banking is two types.
• E-Banking: It's not like the traditional banking services. 24 hrs you will be getting all the services through the internet. The whole infrastructure is designed on the net. You will have to manage you’re a/c by your self through the computer. Starting from the a/c creation to money transferring.
• And the other is the traditional bank who has newly come up with the internet service for the consumers. Here also you can mange your own a/c if you don't want to go to the bank physically.
Here internet works as a media, through which you can transfer your money to another your a/c, you can make your payment to the creditors.
But world wide it not has been developed yet. All the first moving country has come up with this e-banking service. It's a very good example of E-Commerce implementation.
To be continued………………………..
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