![]() ![]() Besides convenience, you can now transfer funds, pay bills, check your balance, and even set up a regular payment on your bank’s secure website. Simply put, internet banking is an electronic payment system which permits clients of a bank or a financial entity to perform a number of financial transactions online. The Standard Bank of South Africa saw the need to embrace online banking and has since launched the Standard Bank internet banking service for its clients. Other advantages of internet banking include low fees and high interest rates for the clients. Long gone are the times when people used to queue for long hours in a bank to access financial services. There are several benefits of using internet banking with the main one being convenience. Presently, more individuals are embracing online banking as their preferred mode of banking. ![]()
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May 2023
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