What are the advantages and disadvantages of banks compared with traditional banks?

Online Banking: 1: Fully realize paperless trading. Most of the bills and documents used before were replaced by electronic checks, electronic bills of exchange and electronic receipts; The original paper money was replaced by electronic money, that is, electronic cash, electronic wallet and electronic credit card; The original paper document is sent by mail through the data communication network. 2. Convenient, fast, efficient and reliable service. Through online banking, users can enjoy convenient, fast, efficient and reliable all-round services. You can use the online banking service whenever and wherever you need it. 3. Low operating cost. Due to the adoption of virtual reality information processing technology in online banking, online banking can reduce the number of business points without reducing the original business volume. Online banking related comics

4: Simple and easy to use. Online e-mail communication is also very flexible and convenient, which is convenient for communication between customers and banks and within banks. Compared with traditional banks, online banking has many advantages. First, greatly reduce the operating costs of banks and effectively improve profitability. Online banking mainly uses public network resources, without setting up physical branches or business outlets, which reduces personnel costs and improves the efficiency of bank back-office systems. Second, there is no time and space constraints, which is conducive to expanding the customer base. 09 online banking user statistics

Online banking has broken the geographical and time constraints of traditional banking business, and has the characteristics of 3A, that is, it can provide financial services to customers at any time (at any time), anywhere (in any case) and in any way (in any case), which is not only conducive to attracting and retaining high-quality customers, but also actively expanding the customer base and opening up new profit sources. Third, it is conducive to service innovation and provides customers with diversified and personalized services. Selling financial products such as insurance, securities and funds through bank outlets is often greatly restricted, mainly because it is difficult for ordinary outlets to provide customers with detailed and low-cost information consulting services. Using the Internet and bank payment system, it is easy to meet the needs of customers for consulting, buying and trading various financial products. In addition to banking, customers can easily buy and sell stocks and bonds online, and online banking can provide customers with more suitable personalized financial services.

Comparison with traditional banks

1, challenging the traditional banking concept First of all, online banking has broken through the time limit of traditional banking business and implemented 7×24 all-weather operation, making banks closer to customers and more convenient for customers. Online banking will change the traditional banking concept. Secondly, online banking will change the traditional banking marketing methods and business strategies. 2. Online banking will greatly reduce the cost of banking services (1); 2. Reduce the development and maintenance cost of bank software and hardware; 3. Reduce customer costs; 3. Achieve economies of scale in a wider range; 4. Online banking has a wider customer base; 5. Online banking will change the competitive pattern of traditional banking.