How technology has changed banking over the years

E-banking, online banking, net banking, etc. have completely changed the way banking is done today. Now firstly lets recall a time in the average earning normal human ,before 7 years ,almost everyone have to go to the bank even if he/she have to check the amount of money in his/her account .And at that time the poor living in villages have to travel to the nearsdt post or cities in order to withdraw ,transfer, add money ,or even to check the account and amount in it. Emerging technology helped everyone to solve these "basic" problems  which then was a very tough job espacially for poor.

And as we all know ,when we talk about todays condition ,everybody from a poor working labour or farmer to the richest ,have one thing in comman ,i.e.,smartphones .Smart phones have such functions by which just by sitting at his /her home ,one can access their bank account ,transfer the money to another person ,donate ,accept payments by sitting at home using their smart phone.

As of now ,during this pendemic, online upi payments, E-banking applications ,payments through debit and credit cards using your smart Phones are more convinient when it comes to payments ,as they are quicker ,faster,and can be accessed through almost everywhere, avoiding less human contact and less risk of transfer of unwanted viruses and other organisms. Hence ,net banking and online payments have made an emormous impact in the lifestyle of almost every human being around us .