ver last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the Computer has eased the human life. Every day new dimensions of its utility are emerging. eBanking is one of the gifts to human beings by computer technology.Use of computers have automated banking process and thus has given birth to eBanking.

eBanking is a fast spreading service that allows customers to use computer to access account-specific information and possibly conduct transactions from a remote location - such as at home or at the workplace.

Use of internet has made every thing available at your finger tip. Lot of websites are ready to serve you, just at your mouse click.

ATM cards, credit cards ,debit cards, smart cards ,all these have eased human life up to such a extent that today life without these seems to be hard, full of misery.

Evolution of eBanking:-

Electronic banking started after Second World War with the use of proprietary software and private networks.

But the whole credit of making eBanking big hit goes to Internet. Internet made eBanking trustworthy and useful. International trade has increased significantly in post world war period and with it monetary transactions between different countries have increased.

eBanking has facilitated trading between distant corners of the world without worrying about monetary transactions.

E-commerce has grown exponentially over last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the r

ount-specific information and possibly conduct transactions from a remote location - such as at home or at the workplace.

Use of internet has made every thing available at your finger tip. Lot of websites are ready to serve you, just at your mouse click.

ATM cards, credit cards ,debit cards, smart cards ,all these have eased human life up to such a extent that today life without these seems to be hard, full of misery.

Evolution of eBanking:-

Electronic banking started after Second World War with the use of proprietary software and private networks.

But the whole credit of making eBanking big hit goes to Internet. Internet made eBanking trustworthy and useful. International trade has increased significantly in post world war period and with it monetary transactions between different countries have increased.

eBanking has facilitated trading between distant corners of the world without worrying about monetary transactions.

E-commerce has grown exponentially over last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the

human life up to such a extent that today life without these seems to be hard, full of misery.

Evolution of eBanking:-

Electronic banking started after Second World War with the use of proprietary software and private networks.

But the whole credit of making eBanking big hit goes to Internet. Internet made eBanking trustworthy and useful. International trade has increased significantly in post world war period and with it monetary transactions between different countries have increased.

eBanking has facilitated trading between distant corners of the world without worrying about monetary transactions.

E-commerce has grown exponentially over last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the

rustworthy and useful. International trade has increased significantly in post world war period and with it monetary transactions between different countries have increased.

eBanking has facilitated trading between distant corners of the world without worrying about monetary transactions.

E-commerce has grown exponentially over last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the

ver last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980’s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the revolutionary period in eBanking. Now whole Commerce seems to be shouldering on these electronic systems.

What made eBanking so hit?

eBanking has certain features which give it edge over traditional banking system. Features which make it so popular are –

Real time banking-

Unlike traditional banking which suffers from time consuming procedures, eBanking provides real time banking to the customers. You get all the relevant information about your account instantly. You can access all the details about your account sitting at home or at any distant location. eBanking has turned whole world into a small village.

24/7 banking-

eBanking has removed the time constraint from banking. Now you can withdraw cash or get any banking facility anytime. You are not required to ask bank employees for it. Electronic system will do all of this for you instantly.

Banking from anywhere-

Don’t worry if you are sitting in Middle East country and want to check you account in New York. eBanking certainly leaves no room for blaming the distances. Smart banking is ready to serve you anywhere, anytime.

Safe and secure Banking-

Electronically enabled banking is more immune to security and safety related problems. Password Based Encryption (PBE), Secure Socket Layer (SSL), electronic signatures and