The world is changing rapidly due to some factors. Technology is one of them. It is an inevitable part of our life. The importance of technologies is growing fast in our day to day life. It impacts our life bringing down the sufferings. Use of internet in the banking is a common matter now-a-days. Though some people use internet banking while others are reluctant to use it fearing some unavoidable circumstances.

The reasons of using internet facilities in the banking sector:
People use internet banking or e-banking due to it's vast amenities. Now-a-days, people do not like conventional banking as technology makes banking easier, faster and comfortable. People can pay utility bills, transfer money or receive money, see bank statement without going to the branch. Money is available for 24 hours at the ATM booth. So why do people use traditional banking? Mobile banking, other crucial factors of modern internet banking, brings about revolutionary changes in the nature of banking world. No cheque or other banking document is needed here. Just some few mobile digits can help doing banking without bank. Huge number of rich and marginal people uses mobile banking which is reflected in recent studies conducted by the BIBM. That's why many people use modern banking.

The reasons of not using internet facilities in the banking:

The main reason of not using e-banking is the lack of knowledge of technologies. As about 40% of people of our country are illiterate, so they do not know how to operate e-banking. Besides, all 58 scheduled banks do not provide electronic banking to all of their branches. Some of the renowned bank's branches do not accept online cheque while withdrawing money. These branches do not offer internet banking. So how will people get internet facilities?

Moreover, people who are disinclined to practice e-banking fear lest they should lose their principal. They show security causes. Showing this cause, they practice traditional banking. But sometimes their fears come true. Big scams in the banking make them worry.

In fine, we can say that internet banking is a way of life. As it is a secured system of banking, no one should evade it as it reduces time and saves energy.