Practice Final

Helpful Online Banking

Today, Internet technology is developing more and more and people depend on it greatly because they can do anything online such as communicate, search and find entertainment. On the Internet, they can finally manage or exchange money, called online banking. It’s a fresh system because money is very important and it should be paid or interchanged directly. Managing money online seems to be risky, but many people prefer to use it because online banking has some advantages. People can transfer money easily anytime. Also, thanks to the system, they can enjoy online shopping.

People can use online banking with fun, convenience and safety. Even if there are some risks, they don’t have to be afraid at all. Online banking has a lot of advantages for people.

First, one of reasons people prefer to use online banking is that it is very convenient. If there were not online banking, they whould have to go out to get something. They don’t feel like going outside because of weather or laziness. In “Is using a credit-card for online purchases safe?” (Ball, 2008), the author states online banking is an easy way for people to find what they are looking for and they don’t have to leave their house. This feature of online banking is also very helpful for people who don’t have time to go out to get something.

Second, people can do good shopping, because they can easily see around various online shops. In “Stay safe while shopping online” (Robertson, 2006), the author states online shop is like a huge marketplace so people can get whatever they want. Also, people can compare a price with another one in different sites. So they can get what they want at the cheapest price. It is a very important thing for shoppers.

Finally, people don’t have to be afraid of risks. Indeed, there are some risks to paying money online. The most important reason people feel that online banking is risky is that their credit-card number can be stolen. However, they can enjoy shopping online without the fear. “If someone has taken your card number and is using it, you will know within a day or two, and you can minimize the damage” (Epinions.com, 2008, para. 23). People never suffer heavy losses in online shopping.

In conclusion, people can get whatever they want by using online banking. It provides various benefits with people. If it seems to be risky, people enjoy online shopping without fears because they can minimize damages. So they never have big loss because of online banking. Online banking help people do shopping and it makes people’s shopping easier.

Reference

Ball, G. (2008, April 15). Is using a credit-card for online purchases safe? Education Redefined. Retrieved May 5, 2008, from http://www.bsu.edu/security/article/0,1384,86674-5031-17009,00.html

Epinions.com. (2008, October 20). Five tips for safe online shopping. Retrieved May 5, 2008, from http://www.epinions.com/finc-review-2A3E-12E6A23-39F00E0A-prod1


Robertson, C. (2006, January 3). Stay safe while shopping online. Majon International. Retrieved May 5, 2008, from http://www.majon.com/articles/Shopping_-_General/shopping_online_126.html