We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Technology In Banking Essay Examples

Role of Technology in Banking Sector

...This service is entirely web based, where sender can use his credit card / debit card for remitting the amount though their website. After remitting you are asked to provide the details of recipient. Electronic Clearing System (ECS) : It stands for Electronic Clearing Service ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution of dividend, interest, salary, ...

Are You on a Short Deadline? Let a Professional Writer Help You

Get Help

Your Answer is very helpful for Us
Thank you a lot!