Which one of the following is a disadvantage of e-Banking?

Question

KollegeApply · Accepted Answer

It requires technological proficiency on the part of bank and customer. Explanation: While e-Banking offers many advantages, such as 24 $\times$ 7 access, financial discipline, and reduced load on bank branches, it does require both the bank and the customer to have a certain level of technological proficiency. This can be a barrier for individuals who are not comfortable using technology or do not have access to reliable internet and devices.

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