RISE AND FALL OF INTERNET BANKING

Essay specific features

 

Issue:

Technology

 

Written by:

Thelma T

 

Date added:

July 25, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1496

 

Was viewed:

5427 times

 

Rating of current essay:

 
Essay content:

Even savvy technology consumers are cautious when it comes to the dollar and moving it "virtually" rather than seeing a physical paper transaction. I did a quick survey of my co workers, all 25 of them to find out what was their take on the phenomenon of internet banking. Some were not knowledgeable about the service whilst those who knew it existed were pure skeptics in the system and were content with queuing at the bank rather than trusting their hard earned cash to some electronic marvel that could possibly misplace their monies...
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I also extended my questioning to online transactions such as purchasing clothes, movies, books and music discs and found that most people were unwilling to unleash their credit card data on a website. Although my small survey was unscientific it gives me a good feel for what the average Joe thinks of this electronic labyrinth we have entered into...
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