asked 116k views
0 votes
Karen doesn’t like driving to the local bank branch, but doesn’t think that it is secure to do financial transactions on her phone. What is the best banking option for her?

She should use online banking services and never go to her local bank branch.
She should use online banking and only use her local bank when necessary.
She should use mobile banking to avoid the security risks of online banking.
She should use traditional banking for everyday transactions and questions.

2 Answers

6 votes
It would probably be best to choose online banking and only use her local bank when necessary.
answered
User MartinW
by
8.8k points
5 votes

The answer is "She should use online banking and only use her local bank when necessary".


Online banking, otherwise called internet banking, is an electronic payment framework that empowers clients of a bank or other budgetary organization to direct a scope of monetary exchanges through the money related establishment's site. The online banking system will regularly interface with or be a piece of the center keeping money framework worked by a bank and is as opposed to branch saving money which was the customary way clients gotten to saving money administrations.


answered
User Aorcsik
by
7.6k points
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