Today, I will be showing you the ultimate reasons, why you should use E-banking in Nigeria. We will not only give you one reasons but we will do our best and give you up to 5 good reasons.
E-banking is an aspect of banking that nobody can resist. E-banking is simply another name for electronic banking. Simply put, it is the use of electronic devices and gadgets to perform banking transactions.
In the world today, there are two different types of of electronic devices which can be used for financial transactions. These devices include smart phones, tablets, phablets, computers, Automated Teller Machines (ATMs), Point of Sale (PoS) machines and many others.
What and What can E-banking be used for in Nigeria
1. Transfer of money from one bank account to another. This can be done for accounts in the same bank or accounts in different banks using your phone, tablet or computer.
2· Withdrawal of money from your bank account through an ATM. This can be done with your bank card such as your Visa, MasterCard or Verve card.
3· Paying for goods or services on a POS Machine. These machines can be found at supermarkets, fast food or other restaurants, hotels, salons and many other places. Once you have your bank card with you and there is also a POS machine available, you can pay for the items you have bought or services you have used. You do not need cash.
4· Transfer of money, checking of your account balance, and payment of bills through the ATM.
5· Printing your bank statements, checking your account balances and many other transactions through internet banking, on your computer, laptop or tablet.
Why You Must Use E-Banking in Nigeria
There are also a few things which you need to do to protect yourself when using e-banking services. Firstly, your most important protection is your PIN or password. Do not use a PIN or password which fraudsters can easily guess.
Don’t use your date of birth or those of your family members as a PIN or password.
Don’t use one PIN or password for many accounts. Don’t not use your banking password for your social media accounts, for example for Facebook or Twitter.
Lastly, change your PIN or password once you suspect that someone else knows it.
E-banking makes life easier. If you do not know how to start using e-banking services, talk to your relationship manager at your bank – they will be glad to help. Remember, never share your PIN or password with anyone – even your bank.