eLETRONIC BANKING essays

eLETRONIC BANKING essays The Electronic Banking Association (EBA) is a non-profit organization established to do one simple thing-help more people get started with electronic banking. Here's why. Who taught you how to write paper checks? Probably your parent's right? Well, who's going to teach you how to write electronic checks? Probably NOT your parents. That's where they come in. E-banking is so much more convenient and so much quicker that everyone should know about it. The EBA was established as an independent source of helpful information about electronic banking for consumers and businesses. Financial institutions, merchants, and other financial service firms actually provide financial e-commerce services, but the Electronic Banking Association (EBA) monitors progress in the financial e-commerce industry and provides information that will enable users of those services to become better informed and to locate providers of the services they seek. Everyone hates paying bills. It's time-consuming, frustrating, and you have to lick that awful envelope glue. But not with e-banking. You'll spend less time paying bills, and more time doing fun stuff. Here are some advantages to e-banking: Your computer remembers who you write checks to. You simply enter an amount then point-and-click. You'll never run out of checks again. You can schedule your payments in advance, so they'll get paid while you're on vacation or away on business. Electronic payments are processed quickly, in as little as 24 hours to 5 days (unlike a paper check sent in the mail, which takes an average of 10 days to post). No envelope glue. No paper cuts on your tongue. And you can stop writing your return address again, and again, and again. It takes forever to write checks and addresses every month. E-banking cuts ...