Internet banking

    Internet banking 

     Now a days, computers and internet are used everywhere . In most banks,human and manual teller counters are being replaced by automated teller machines (ATM). Banking activity is being done with computers, internet and other electronic banking or internet banking . Most of the banks provide debit card ,credit card , net banking services to there customers to use the banking services. 

                   

Internet banking helps to transfer funds from one customer's bank account to another customer's bank account , buying and selling goods,investments orbrepaying loans,payments of electricity,phone and other utility bills. 

           With internet banking , a customer is saved from hassles of travelling , paper work and other kinds of formalities. In just a few seconds , people can access their account and transfer funds, pay bills etc . People with hectic schedules prefer Internet banking.

UPI

            

         Unified Payments of India (UPI) is a payment system introduced by National Payments Corporation of India (NPCI).UPI is built over IMPS infrastructure which allows you to make payments between two bank accounts . 

Some of best UPI apps of India

Google Pay

Paytm 

Phonepe .

Cheques

      Now a days, cheques are widely used for making payments and recieving money. When you want to give money to someone you write a cheque in that person's name who lives in different place, you can use your cheque to transfer money electronically into other person's account through bank. For business purposes, where money 💰 is frequently received and paid, cheques are important as a medium for transaction