Channels of Electronic Banking:

(Arslan Bashir, lahore)

Mobile banking
We are not only using the phone to communicate to others in the form of voice, we are using it to connect to the global world. Now a day mobile phones are no less than yesterday’s computer. Millions of mobile users, it is natural that the banking sector will begin to channel transactional and payments needs with the mobile device including utility and other payments and the liberty to transfer funds. Now there is competition between telecom industries and banks, they all are trying to maximum their share of the opportunity. A number of mobile banking solutions have emerged.

Call center banking
Bank's customer call center is important component for giving speedy and most reliable customer service. Call center employees must take action to quick resolve customer issues and problems that involve financial and confidential information. Of course company's brand and image depends upon its level of customer service, call centers are very important to maintain customer relation and captures customers. Some functions of call center banking are: Immediately answers of problems, checking about accounts information, Applications of loans and others Information about latest promotion, recognize customer problems.

Automatic banking machine
An automated teller machine (ATM), a banking machine, made by teller and also called cash point. It is a telecommunications device that gives the clients of a financial institution with access to financial transactions without clerks and cashier it is known by various names automatic banking machine, cash machine. This machine is held almost all the banks that want to promote branch-less banking. An ATMs is recognize by inserting ATM card with a strip on which unique number is inserted, this number is recognize by the machine that card is authorized or not. A secret pin cord is remembered by the holder of the card by which a holder operates the machine and with draws cash. By using ATM, a customer can with draws cash, check his balance can change his pin code etc.
 

Arslan Bashir
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