123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Investing---Finance >> View Article

How To Ensure Your Internet Banking Is As Safe As Traditional Banking?

By Author: Neha Sharma
Total Articles: 973

With today’s fast paced lifestyle, many individuals are looking for alternate means to manage their daily activities. This also includes managing their financial habits, such as making payments, transfers or even checking your banking accounts.

While traditional banking was the only channel to perform the above mention activities, today we have the option of mobile banking. Through this option, you can now easily perform the same options you would have done at the bank, through your smartphone. You only need to download the bank mobile app and utilise it to your requirement.

However, many of those who are transitioning from traditional banking to the new age banking, have concerns about safety in terms of money transfer and access to accounts. After all, the internet platform is one medium that isn’t fully explored, especially by the older generation. Naturally, the fear of the unknown will lead to fear of usage.

However, there are some steps you can take to ensure that your mobile banking will be as safe as the offerings of traditional banking. Here are some of the steps you can take:

Know the tricks of protecting your passwords: Just as you would need to put in your account number and provide your signature to make a transfer or access your account, through the bank mobile app, you would need to use a password. This password will be unique to your account. But here, you have an opportunity to change your password on a regular basis. Furthermore, you can change your password to a strong password with a mix of different casings and special characters. By doing so, you prevent any unauthorised access to your account.

Controlling the access to your account: In order to access the funds in your account or make a transaction through the traditional channel, you would need to approach the bank. However, through the internet banking app you can easily access your account anytime you need it. Furthermore, you can also easily control the access to your account via the app. You can easily check when you have signed in, and from which location, such as which device you have logged in from. Therefore, if there is any joint account holder to your account, you will also be well aware of when they have signed in and made a transaction. Once done, you can easily log out of your account and stop any financial activity.

Guarantee access to official banking products: In order to access your bank account, or any other banking product, you would need to approach the bank. But what if you could access all the official products you need, right from the banking app itself? Not only would it save you time and resources, but you can also be well assured that any product you have access to, through the app, will be a genuine product. You will also get a full transparency when it comes to access this product, thus ensuring you are fully aware before making any investment decision.

Total Views: 16Word Count: 497See All articles From Author

Investing / Finance Articles

1. How Benchmarking In A Business Helps In Reducing Labour Hire Costs
Author: Dylan Munro

2. India Inc May Need To Change Rating Agencies Every 3 Years
Author: Suraj Pratap Malik

3. Bitcoin Workshop | Bitcoin Seminar | How To Buy Bitcoins
Author: AB Web Technologies

4. Online Financing - The Modern Way Of Investment
Author: wealthcarreindia

5. Selling Assets Versus Sme Loans: Which Is The Better Option?
Author: Manish Damani

6. Equity Research Report
Author: Chetan Rathod

7. Personal Loan Calculators Explained
Author: Arwind Sharma

8. Importance Of Having A Bank Account In The Digital World Today
Author: Sushant Singh

9. Step By Step Guide To Gst Registration Of Your Business
Author: Amol Kale

10. Forex Trading Techniques And Strategies For Beginners In Forex Market
Author: Sophia Mason

11. Are Tax Accountants The Most Important Hires For Your Small Business?
Author: John Panayis

12. Personal Loans - All You Wanted To Know
Author: bookmypersonalloan

13. How Can A Bank App Help You Safely Execute Your Financial Transactions?
Author: Neha Sharma

14. Virtual Banking: Evolution Of Traditional Banking And How You Can Benefit From It
Author: Neha Sharma

15. Why Do You Need Internet Banking Today?
Author: Neha Sharma

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: