Do you prefer online banking / myLot

November 5, 2018 3:46am CST

Technology has come to stay and traditional ways of doing things are being dumped in history. With the way scammers and hackers are on the prowl. Do you think online banking is still better than what we had before?

6 people like this

9 responses

Mavic123456

@Mavic123456 (21898)

• Thailand

5 Nov 18

Yes, I am ok with online banking, it is convenient. I just don't save my password so it is safer

louievill

@louievill (28851)

• Philippines

5 Nov 18

I'm old fashioned when it comes to banking so no I do not bank online. The only online transaction I do is move my paypal money to my bank account when it reaches 7,000 pesos ( approx $140) or more to avoid fees.

rsa101

@rsa101 (37952)

• Philippines

5 Nov 18

In terms of convenience and speed of making transactions online is better than the traditional way of going to the bank, falling in line and wait for your turn to do the transaction and it would take days to transfer fund from one account to another. Although Online transaction is prone to being hacked and scammed. The banks are always on the watch for these people to prevent it from happening and it is a game of mouse and cat chase.