E-Banking

Purpose of Banking
 The main purpose that banks have been
serving since their inception is keeping our
money safe for us.

 While keeping our money safe, they also

let us earn a certain amount of interest on
the money deposited with them.
 Internet users in Different Regions
WORLD INTERNET USAGE AND POPULATION STATISTICS

Penetration Growth
Population Internet Users Internet Users Users
World Regions % 2000
( 2008 Est.) Dec. 31, 2000 Latest Data %
Population -08

Africa 975,330,899 4,514,400 54,171,500 5.6 % 1,100.0 % 3.4 %

Asia 3,780,819,792 114,304,000 657,170,816 17.4 % 474.9 % 41.2 %

Europe 803,903,540 105,096,093 393,373,398 48.9 % 274.3 % 24.6 %

Middle East 196,767,614 3,284,800 45,861,346 23.3 % 1,296.2 % 2.9 %

North America 337,572,949 108,096,800 251,290,489 74.4 % 132.5 % 15.7 %

Latin America/Caribbean 581,249,892 18,068,919 173,619,140 29.9 % 860.9 % 10.9 %

Oceania / Australia 34,384,384 7,620,480 20,783,419 60.4 % 172.7 % 1.3 %

WORLD TOTAL 6,710,029,070 360,985,492 1,596,270,108 23.8 % 342.2 % 100.0 %

NOTES: (1) Internet Usage and World Population Statistics are for March 31, 2009. (2) Demographic (Population) numbers are based on data from the US Census Bureau . (3)
Internet usage information comes from data published by Nielsen Online, by the International Telecommunications Union, by GfK, local Regulators and other reliable
sources. (4) For definitions, disclaimer, and navigation help, please refer to the Site Surfing Guide. (5) Information in this site may be cited, giving the due credit to
www.internetworldstats.com. Copyright © 2001 - 2009, Miniwatts Marketing Group. All rights reserved worldwide.
 E-Banking or Online Banking
 According to Hertzum et al E-Banking
refers to the banking operations,
which is done over World Wide Web.

 ‘’ Internet banking refers to the

deployment over the Internet of retail and
wholesale banking services’’ .
 Types of E-Banking
 The terms ‘PC banking’, ‘online banking’,
‘Internet banking’, ‘Telephone banking’ or
‘mobile banking’ refer to a number of
ways in which customers can access their
banks without being physically present at
at the bank.
 Tele-Banking
 Tele-banking service is provided by phone. To
access an account it is required to dial a
particular telephone number and there are
several options of services. Options included :

 Checking account balance.

 Funds transfer between current, savings and
credit card accounts.
 Bill payments .
 Stock exchange transaction
 Loan payment information
 PC-Banking

 The term ‘PC banking’ is used for banking

business transacted from a customer’s PC.

 Using the PC banking customers can reach

their accounts for transactions by
subscribing to and dialing into the banks’
Intranet proprietary software system using
password.
 Internet Banking
 Internet banking would free both bankers
and customers of the need for proprietary
software to carry on with their online
banking transactions.
 Customer behavior is changing rapidly.
 Internet is now considered to be a
‘strategic weapon’ for them to satisfy the
ever-changing customers’ demand and
innovative business needs.
 Mobile Banking
 New transmission technologies.
 WAP (Wireless Application Protocol).
 mobile phones.
 personal digital assistant (PDA).
 Small hand-held.
Features & Functions
Why E-Banking in Asia
 E-BANKING IN PAKISTAN :
 Pakistan has been among the late entrants
into e-banking.

 Internet banking introduced in 1999-2000.

 Half of the country’s 7,000 commercial-bank

branches are now computerised.

 few of banks offer mobile-phone banking.

 CONCLUSION :
 Although online banking is not yet
ubiquitous in Pakistani society but it
has a very high potential and scope.

 It is time for the Government, banks

and consumer to Wakeup.
 “You have no choice but to
operate in a world shaped by
globalization and the information
revolution. There are two
options: adapt or die.”

– Andy Grove, Chairman, Intel.

THANK YOU!