Which of the Following Is is Not a Characteristic of E-Banking

question 72

Multiple Choice

Which of the following is is not a characteristic of e-banking?

• A) saves users time and money
• B) is more expensive for banks
• C) is becoming an enabling feature of business growth in the developing world
• D) is increasing peer-to-peer (P2P) online lending

Recognize the constructs of social support and their applications.

Understand the principles of innovation adoption and how they influence consumer behavior.

Learn about the stages of change theory and its application to behavior modification.

Understand the ecological model and the levels of factors influencing behavior.

---

Definitions:

Monthly Deposit

A fixed amount of money deposited into an account every month, often as a way to save or invest.

Savings Account

A bank account that earns interest over time, designed for storing money that is not intended for daily expenses.

Compounded Quarterly

A way of calculating interest where the interest is added to the principal balance four times a year, allowing the investment to grow at a faster rate due to the interest on interest effect.

Monthly Payment

The amount of money that needs to be paid each month, commonly associated with loans or subscriptions.