traditional banking

Why Do You Think Traditional Payment Systems Are Inadequate For E-commerce?

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Why Do You Think Traditional Payment Systems Are Inadequate For E-commerce? This traditional payment systems are still vulnerable for e-shops and e-commerce for the consumers in virtual trading system due to the following drawbacks: … Lack of security, transaction details, transaction cost and speed are still posing a great concern for large consumer demands of

What Are The 4 Types Of Banks?

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What Are The 4 Types Of Banks? Retail banks. Retail banks, also known as consumer banks, are commercial banks that offer consumer and personal banking services to the general public. … Commercial banks. … Community development banks. … Investment banks. … Online and neobanks. … Credit unions. … Savings and loan associations. What are the