logging in or signing up MEANING OF E-BANKING meetujain Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2042 Category: Science & Tech.. License: All Rights Reserved Like it (6) Dislike it (0) Added: April 11, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: jotsna (4 month(s) ago) plz let me download me download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: meetujain (13 month(s) ago) elda......gv me ur id dear Saving..... Post Reply Close Saving..... Edit Comment Close By: 87elda (14 month(s) ago) please let me download. you will help me a lot. Saving..... Post Reply Close Saving..... Edit Comment Close By: meetujain (15 month(s) ago) subramaniyam gk............plz gv me ur id dear... Saving..... Post Reply Close Saving..... Edit Comment Close By: rkdaga (19 month(s) ago) Please let me download this file. preparing for exam. e-mail rajkumar.daga@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Slide 1: E-BANKING GUNEET MEANING OF E-BANKING : MEANING OF E-BANKING E Banking is a range of banking services that utilize electronic equipment. FEATURES OF E-BANKING : FEATURES OF E-BANKING ON LINE BILL PAYMENTS TRANSFER FUNDS BETWEEN ACCOUNT WITIN COMMUNITY BANK TRANSFER FUNDS TO ACCOUNT AT OTHER FINANCIAL INSTITUTION MAKE LOAN PAYMENTS FEATURES OF E-BANKING : FEATURES OF E-BANKING 24 HOURS SERVICE VIEW AND PRINT LOAN ACCOUNT HISTORIES REAL TIME ACCOUNT ACCESS TIME SAVING NO SPECIAL SOFTWARE REQUIRED PROCESS OF E-BANKING : PROCESS OF E-BANKING It includes 5 steps:- Opening the website. Authentication Selecting the Options Processing the request Payment Slide 6: PROCESS OF E-BANKING Authentication Open the website Payment Processing Selecting Options FORMS OF E-BANKING : FORMS OF E-BANKING TELEPHONE BANKING NET BANKING ATM DEBIT/CREDIT CARDS EFT (ELECTRONIC FUND TRANSFER) MAESTRO CIRRUS AND VISA PLUS AFT(AUTOMATED FUND TRANSFER) TELEPHONE BANKING : TELEPHONE BANKING It is a service provided by a financial institution which allow its customer to perform transaction over the telephone. This type of bank which operate through phones are also known as phone banks NET 0R ONLINE BANKING : NET 0R ONLINE BANKING It allows the customer to conduct financial transaction on a website operated by their retail. It is fast, efficient and effective. It provides 24 hours a day and 7 day a week accessibility. CREDIT CARDS : CREDIT CARDS Credit card is a plastic card which is issued by a bank . It is issued by of high credit ranking. Bank issues credit card to the customer up to certain limit EXAMPLE : EXAMPLE To buy something from Vendor X,The consumer sends Vendor X the message." It's now Time ‘T’.I am paying Y dollar to X for item Z”,then the consumer uses his password to sign the message with its own secret key and send it to credit card co., which will bill the consumer for “Y dollar and give the amount less a fee to X. Slide 12: PROCESSING PAYMENTS USING ENCRYPTED CREDIT CARDS Slide 13: Customer Merchant Server OK Customer’s Bank On-Line Credit Processors Send encrypted Credit card no. Send info. Verify Authorize Monthly Purchase statement Check credit card authenticity DEBIT CARDS : DEBIT CARDS It is a card that is used to access money in a savings account. Debit cards can be used at atm’s Two types of Debit cards are:- ---Online Debit cards ---Offline debit cards ATM (Automated Teller Machine) : ATM (Automated Teller Machine) An automated teller machine (ATM) or automatic banking machine (ABM) is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller ELECTRONIC FUND TRANSFER : ELECTRONIC FUND TRANSFER It involves transfer of funds from bank account of one customer to bank account of another customer electronically ELECTRONIC FUND TRANSFER : ELECTRONIC FUND TRANSFER Three Broad categories of FFT are:- Banking and Financial Payments Retailing Payments On-Line electronic payments ELECTRONIC CHEQUES : ELECTRONIC CHEQUES Electronic Cheque is based on the idea that electronic documents can be substituted for paper and public key cryptographic signatures can be substituted for handwritten signatures Slide 19: Endorsed E-Cheque Payee’s Bank Write E-Cheque Payer Payee Verify Signatures Credit Deposit Payers Bank E-Cheque E-mail or WWW Verify Signatures Credit Deposit E-mail or WWW Deposit Endorse E-Cheque Clear &Settle E-Cheque E-Cheque Flow MOBILE BANKING : MOBILE BANKING It refers to provision and availment of banking and financial services with the help of mobile telecommunication devices. ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO CUSTOMER Anytime Banking Anywhere Banking Quick Service Online Shopping Time Saving Customer Satisfaction ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO BANKS Minimizes cost Global Coverage Central Database Customer-Bank relationship Reduces paper work High Productivity Advertising tool ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO GOVERNMENT Global Market Cashless Banking Transparency BENEFITS TO TRADERS Instant settlement Promotion of business enterprises. LIMITATIONS OF E-BANKING : LIMITATIONS OF E-BANKING Banking system not ready Laws of land not ready Increasing frauds Security issues Low level of Awareness Hesitation on the part of Customers Slide 26: Any Queries??? You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
MEANING OF E-BANKING meetujain Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2042 Category: Science & Tech.. License: All Rights Reserved Like it (6) Dislike it (0) Added: April 11, 2010 This Presentation is Public Favorites: 1 Presentation Description No description available. Comments Posting comment... By: jotsna (4 month(s) ago) plz let me download me download this ppt Saving..... Post Reply Close Saving..... Edit Comment Close By: meetujain (13 month(s) ago) elda......gv me ur id dear Saving..... Post Reply Close Saving..... Edit Comment Close By: 87elda (14 month(s) ago) please let me download. you will help me a lot. Saving..... Post Reply Close Saving..... Edit Comment Close By: meetujain (15 month(s) ago) subramaniyam gk............plz gv me ur id dear... Saving..... Post Reply Close Saving..... Edit Comment Close By: rkdaga (19 month(s) ago) Please let me download this file. preparing for exam. e-mail rajkumar.daga@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Slide 1: E-BANKING GUNEET MEANING OF E-BANKING : MEANING OF E-BANKING E Banking is a range of banking services that utilize electronic equipment. FEATURES OF E-BANKING : FEATURES OF E-BANKING ON LINE BILL PAYMENTS TRANSFER FUNDS BETWEEN ACCOUNT WITIN COMMUNITY BANK TRANSFER FUNDS TO ACCOUNT AT OTHER FINANCIAL INSTITUTION MAKE LOAN PAYMENTS FEATURES OF E-BANKING : FEATURES OF E-BANKING 24 HOURS SERVICE VIEW AND PRINT LOAN ACCOUNT HISTORIES REAL TIME ACCOUNT ACCESS TIME SAVING NO SPECIAL SOFTWARE REQUIRED PROCESS OF E-BANKING : PROCESS OF E-BANKING It includes 5 steps:- Opening the website. Authentication Selecting the Options Processing the request Payment Slide 6: PROCESS OF E-BANKING Authentication Open the website Payment Processing Selecting Options FORMS OF E-BANKING : FORMS OF E-BANKING TELEPHONE BANKING NET BANKING ATM DEBIT/CREDIT CARDS EFT (ELECTRONIC FUND TRANSFER) MAESTRO CIRRUS AND VISA PLUS AFT(AUTOMATED FUND TRANSFER) TELEPHONE BANKING : TELEPHONE BANKING It is a service provided by a financial institution which allow its customer to perform transaction over the telephone. This type of bank which operate through phones are also known as phone banks NET 0R ONLINE BANKING : NET 0R ONLINE BANKING It allows the customer to conduct financial transaction on a website operated by their retail. It is fast, efficient and effective. It provides 24 hours a day and 7 day a week accessibility. CREDIT CARDS : CREDIT CARDS Credit card is a plastic card which is issued by a bank . It is issued by of high credit ranking. Bank issues credit card to the customer up to certain limit EXAMPLE : EXAMPLE To buy something from Vendor X,The consumer sends Vendor X the message." It's now Time ‘T’.I am paying Y dollar to X for item Z”,then the consumer uses his password to sign the message with its own secret key and send it to credit card co., which will bill the consumer for “Y dollar and give the amount less a fee to X. Slide 12: PROCESSING PAYMENTS USING ENCRYPTED CREDIT CARDS Slide 13: Customer Merchant Server OK Customer’s Bank On-Line Credit Processors Send encrypted Credit card no. Send info. Verify Authorize Monthly Purchase statement Check credit card authenticity DEBIT CARDS : DEBIT CARDS It is a card that is used to access money in a savings account. Debit cards can be used at atm’s Two types of Debit cards are:- ---Online Debit cards ---Offline debit cards ATM (Automated Teller Machine) : ATM (Automated Teller Machine) An automated teller machine (ATM) or automatic banking machine (ABM) is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller ELECTRONIC FUND TRANSFER : ELECTRONIC FUND TRANSFER It involves transfer of funds from bank account of one customer to bank account of another customer electronically ELECTRONIC FUND TRANSFER : ELECTRONIC FUND TRANSFER Three Broad categories of FFT are:- Banking and Financial Payments Retailing Payments On-Line electronic payments ELECTRONIC CHEQUES : ELECTRONIC CHEQUES Electronic Cheque is based on the idea that electronic documents can be substituted for paper and public key cryptographic signatures can be substituted for handwritten signatures Slide 19: Endorsed E-Cheque Payee’s Bank Write E-Cheque Payer Payee Verify Signatures Credit Deposit Payers Bank E-Cheque E-mail or WWW Verify Signatures Credit Deposit E-mail or WWW Deposit Endorse E-Cheque Clear &Settle E-Cheque E-Cheque Flow MOBILE BANKING : MOBILE BANKING It refers to provision and availment of banking and financial services with the help of mobile telecommunication devices. ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO CUSTOMER Anytime Banking Anywhere Banking Quick Service Online Shopping Time Saving Customer Satisfaction ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO BANKS Minimizes cost Global Coverage Central Database Customer-Bank relationship Reduces paper work High Productivity Advertising tool ADVANTAGES OF E-BANKING : ADVANTAGES OF E-BANKING BENEFITS TO GOVERNMENT Global Market Cashless Banking Transparency BENEFITS TO TRADERS Instant settlement Promotion of business enterprises. LIMITATIONS OF E-BANKING : LIMITATIONS OF E-BANKING Banking system not ready Laws of land not ready Increasing frauds Security issues Low level of Awareness Hesitation on the part of Customers Slide 26: Any Queries???