SteemAlive Presents: ProWritersHub (W4) -Technology in our lives-banking services inhanced by modern technology by @ogwo
Preamble
Hello folks,how are you all doing and I hope you guys are feeling relaxed,today is the starting of the last week contest for the month and it is a week where everyone will be very serious in making posts so as to make it to the top.
Today the community has brought out a very nice topics in this contest and it is left for us all to choose the ones to delebrate in.and for me I have come to choose a very favourable one which is all about how technology has enhanced the morden banking and making it as fun as ever.
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Technology in banking has really been a great invention as it has made it easy for both old and young to save their money peacefully in the sense that they are free from been robbed or do other things.ut has provided many services like the ATM card,the POS machine,and also e-banking which really helps us in our day to day transaction and that has made business very easy for us all.
How people save money before the invention of technology in banking
There are some ways in which people save money before the invention of technology in banking as it was not secure but thanks to the invention of technology in banking as it has made the saving of money easy and more faster.
In the form of gold:In the olden daysmoney are been saved by our forefathers through the saving of gold,they go to gold miners and buy them and then save it with them.
In the ground:Yes,this is really one of the ways in which money is been saved in the olden days and that is through burying it in the ground.The pack the money and dig a hole then put it and cover and to know the exact place they kept it whenever they want it back they will put a stick at that spot.
Through cans and envelopes:money are also saved through cans and envelopes.
Through the buying of lands,cows and jewelries:This is another way by which money is being saved and that is through the buying of landed properties and other things.
What are some banking services technology has brought
Yes, technology has really brought many banking services that helps us to do transactions easing and with no stress and I will be listing them to you.
Providing machines used to withdraw money: Technology has really gone a long way to provide machines that are used to withdraw money rather than moving into the bank and filling some forms to withdraw money,it had made it possible for us to withdraw our money as fast as possible through the invention of ATM machines.
Providing debit and credit cards: Technology has made it possible for us by providing this form of bank service which helps us all to withdraw money through the ATM machine,it is in form of a card and has its detector which when slotted into the matching and a pin will be required followed by the amount to withdraw and immediately you will receive your money.
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Loan and mortgage services: Technology has made it possible for us by providing as many banking services as possible and one of them is loan service,it is easy for us all to take any amount of loan from the bank with a moderate interest to be payed to them and that has been the main key point for the success of so many business.
Providing e-banking:Wow,this is another invention of technology in the bank service that I really love so much and I have had an experience of it,it has made it possible for us all to open and operate on our accounts from the comfort of our home.this is really an amazing service provided by technology so as to make banking fun and reliable.
Problem banking technology has created and ways to solve them
I can equally say that there are not problems created by modern technology in banking as it has given them more of positive things like the invention of those machines and also making it possible to take loans and also do some e-banking service from the comfort of our home.
Are you satisfied with how your bank is performing
Yeah,I am so much exited with the way my bank is really performing during there days that technology has really brought lots of goodies to us,it has made it possible for us all to feel the power of technology by providing many helpful services that helps it easy for us all to do lots of transactions with no stress from the every comfort of our home.
Thanks to modern technology.
Conclusion
Wow,big thanks to modern technology for their inventions to see that modern banking is really a nice and interesting thing to work with,it has made it easy for us all to deposit, withdraw and also take loans from the comfort of our home and also the loans taken by many people from the bank has been a very nice reason for the growth of their business.
I will like to invite @junst,@deben,@innocent10 to participate in this week's contest.
Cc.
@steemalive
@steem-alive
@focusnow
@samuel20
@ijelady
@chichieze
@marajah
Technology has also made it easier for banks to provide services to their customers, as they can now provide them with the best and most convenient services. Technology has also made it easier for banks to keep track of their customers and their accounts, as they can now do it quickly and easily.
That's true,we no longer need to go inside the bank before getting our money,we can use the ATM machine that is in the bank or even the POS center that is close to our houses.All this are possible through the help of technology
Yes brother the invention of the ATM, for example, has helped people save time and money. Banks are also using technology to help customers who are not able to visit a branch.
Thank you dear for the nice comments.i appreciate.
You are not eligible for #club75, but you a member of #club5050. So be aware of this and use the correct tag.
Hello curator,you replied to these post but never voted on it, please can I know the problem.
Cc.
@samuel20
@focusnow
@ijelady
@steemalive.
Thank you for the vote
Thank you for the vote
The modern technology has changed the banking method, because now people find it hard to to save there money.
Yes i agree due to modern technology online banking has really been a game changer for many people because it allows them to access their accounts from any location, at any time.
Yeah bro modern technology is really a blessing.
Yes dear,it has really improved it,I will be expecting your entry and mention me so I can read and comment on it.
Alright, but make sure you also mentioned me in your post.
Okay dear.
Yeah
Nice one dear.
Because of technology people do not move around with huge amount of money. Even after making purchases, you can either pay by making transfer or using you Debit card.
Yes @chiomavia online purchase is the great benefit of technology and technology is also making it easy for banks to send alerts and updates to customers about their account balance and transactions
Yes dear, technology in banking has really improved so many things.
I will be expecting your entry and mention me for quick comment on your post.
Nice entry from you. You clearly stated how money was been saved in the olden days until the banking system came onboard. Banking system is more secure and modernized when the compared to the traditional method.
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Yes technology in banking sector has really helped us alot. Thanks for this insight.
Okay dear,thank you for coming around.
Wao! You really hit the topic but what i really like from your post is where you have mention about modern banking which has made it easy for transactions.