ICT AND MODERN LIVING
- Created by: EdenHeysxoxo
- Created on: 02-12-14 12:26
Online Banking and Financial Services
• 24/7 access to online banking and financial services
• Can send and receive money electronically
• Customer can check their account balance, transfer funds between accounts, pay credit card and utility
bills, apply for loans, open new accounts and view standing orders and direct debits
• Large amount of information readily available for customers to read and compare
• Convenient for the customers as they can manage finances without having to leave their home
Online Shopping
• Small businesses can thrive due to significantly reduced overheads (e.g. no premises / less staff)
• This results in generally lower prices for consumers than high street stores
• Consumers can shop around to find the best deals
• Convenient for the consumer as they can shop any time without having to leave their home, and also get
items delivered to them
• Helps those too busy or not…
Comments
No comments have yet been made