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Corey Melke 5299 BUS 256 Mr Hunkins ELECTRONIC BANKING The Electronic Banking Association EBA is a non-profit organization established to do one simple thing-help more people get started with electronic banking Heres why Who taught you how to write paper checks Probably your parents right Well whos going to teach you how to write electronic checks Probably NOT your parents Thats where they come in E-banking is so much more convenient and so much quicker that everyone should know about it The EBA was established as an independent source of helpful information about electronic banking for consumers and businesses Financial institutions merchants and other financial service firms actually provide financial e-commerce services but the Electronic Banking Association EBA monitors progress in the financial e-commerce industry and provides information that will enable users of those services to become better informed and to locate providers of the services they seek Everyone hates paying bills Its time-consuming frustrating and you have to lick that awful envelope glue But not with e-banking Youll spend less time paying bills and more time doing fun stuff Here are some advantages to e-banking - No more paper checks Your computer remembers who you write checks to You simply enter an amount then point-and-click Youll never run out of checks again - No more hassles You can schedule your payments in advance so theyll get paid while youre on vacation or away on business Electronic payments are processed quickly in as little as 24 hours to 5 days unlike a paper check sent in the mail which takes an average of 10 days to post - No more envelopes to lick No envelope glue No paper cuts on your tongue And you can stop writing your return address again and again and again - No more writers cramp It takes forever to write checks and addresses every month E-banking cuts that time to practically nothing
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