Authors:<\/p>\n
1)\tAditya Mamodia
\n2)\tBhavi Shah
\n3)\tGargi Kalaskar
\n4)\tKrrish Gupta<\/p>\n
Introduction:<\/p>\n
Electronic Banking is more commonly referred to as internet banking or simply net banking. It is an electronic payment system supported by a website that offers an array of products and services of any bank that is possible to work electronically, like payments, transfers, deposits and more. It is a convenient way to access account information and allied services related to the account from the comfort of your home. These services are made to be secure against cyber-attacks too.<\/p>\n
Objective:<\/p>\n
To understand customer\u2019s preference for E-banking over traditional banking.<\/p>\n
Data Collection:<\/p>\n
Data was generated with the help of google form from the students of ITM Business School. We have used Convenient Sampling for the data collection. <\/p>\n
Following questions were framed to collect data on google form:<\/p>\n
1. I prefer E-banking for any transactions.
\n2. I can easily track my transactions detail.
\n3. I get my bank service at promised time.
\n4. I will continue to use E-banking in future.
\n5. I get my privacy at risk while using E- Banking.<\/p>\n
Data Analysis:<\/p>\n
\tQ1\tQ2\tQ3\tQ4\tQ5
\nMEAN\t3.940594059\t4.00\t3.673267327\t4.00\t3.297029703
\nSTANDARD DEVIATION\t1.066037356\t1.174734012\t0.960301108\t1.122497216\t1.118432425
\nSTANDARD ERROR\t0.106074681\t0.116890403\t0.095553532\t0.111692648\t0.111288186
\nZ-SCORE\t0.882327485\t0.851256531\t0.701100229\t0.890870806\t0.265576799<\/p>\n
Conclusion: <\/p>\n
From this research, we can conclude that out of 101 responses,
\n(1) 49.5% people prefer E-Banking for any transaction.
\n(2) 38.6% people can easily track their transaction details.
\n(3) 50.5% people gets their bank service at promised time.
\n(4) 46.5% people will continue to use E-banking in future.
\n(5) 41.6% people believe their privacy at risk while using E-banking.<\/p>\n","protected":false},"excerpt":{"rendered":"
Authors: 1) Aditya Mamodia 2) Bhavi Shah 3) Gargi Kalaskar 4) Krrish Gupta Introduction: Electronic Banking is more commonly referred to as internet banking or simply net banking. It is an electronic payment system supported by a website that offers an array of products and services of any bank that is possible to work electronically,… Continue reading Why Consumers Prefer to do E-Banking rather than Traditional Banking<\/span><\/a><\/p>\n","protected":false},"author":108061,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-16761","post","type-post","status-publish","format-standard","hentry","category-finance","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/108061"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16761"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16761\/revisions"}],"predecessor-version":[{"id":16789,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/16761\/revisions\/16789"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16761"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}