DEVELOPMENT OF DIGITAL BANKING

According to experts, the race towards automatic banking is becoming fiercer. To be dominant in the market, each bank has made great effort to invest in technology. In which, the automatic transaction banking system is becoming a prominent factor promising to become a new trend in the near future.

Previously, if people wanted to open a bank account, they had to go to a traditional transaction counter, but now, in many banks, people can open a card at an automatic transaction counter and get the card in just 5 minutes. Besides the withdrawal function of a traditional ATM machine, customers can also deposit money directly.  Through this system, customers can even deposit cash into other banks’ accounts at any time of the day.  In addition, functions such as bill payment, card reissuance, savings book finalization, credit card registration, insurance … are available on this automated banking system.  With these utilities, automatic banking is expected to become an inevitable trend of banks.  /.

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