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Hello steem world ,

INTRODUCTION

I hereby present to you my little review that will aim on the merits of E-Banking.
As we all know that the world today is developing gradually. And the service industry is the fastest growing sector in the world economy today.

WHAT IS E-BANKING

E-banking is also know as electronic banking ; its is the services rendered by banks through electronic means. It was first introduced in the early 90's till then it as become the fastest means of banking.

MERITS OF E-BANKING

Here are some of the benefits of E-banking ;

• It saves time

Due to the speedy need of money the electronic banking as given a great aid for it. So it is the fastest means of banking

• It reduces over head cost

E-banking has help many individuals, firm and government to reduce most of thier overhead cost such as transportation fare.

• It also aid in exchanging cryptocurrency

Through E-banking cryptocurrencies are easily exchanged to our local currencies with ease means

• It also aids in easy payments of bill

Bills are easily paid through E-banking system

CONCLUSION

E-banking is the best and fastest banking that compromise with our developed world today.

Thanks for reading through my post