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2015•International Journal of Academic Research in Business and Social SciencesOpen access

E-Banking in Pakistan: Issues and Challenges

Syed Sheheryar Ali Kazmi, Muhammad Hashim

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Abstract

Banking sectors are now moving to online banking services, which enable customers to get access to their accounts form their web enable computers to banking online system.The main purpose of this article is to describe the major issue and challenges in the development in online banking industry and also to show the application of electronic banking in Pakistan, through e-banking the banking sectors can reduce the operating cost and provide fast and more better services to their customers and can be survived for long.

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Banking sectors are now moving to online banking services, which enable customers to get access to their accounts form their web enable computers to banking online system.The main purpose of this article is to describe the major issue and challenges in the development in online banking industry and also to show the application of electronic banking in Pakistan, through e-banking the banking sectors can reduce the operating cost and provide fast and more better services to their customers and can be survived for long.

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Available abstract

Banking sectors are now moving to online banking services, which enable customers to get access to their accounts form their web enable computers to banking online system.The main purpose of this article is to describe the major issue and challenges in the development in online banking industry and also to show the application of electronic banking in Pakistan, through e-banking the banking sectors can reduce the operating cost and provide fast and more better services to their customers and can be survived for long.

Key concepts: Electronic banking, Retail banking, Business, Banking industry, SMS banking, Commerce, The Internet, Marketing

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