Future prospects of internet banking
Mbenkum, Ancela (2018)
Centria-ammattikorkeakoulu
2018
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2018052910934
https://urn.fi/URN:NBN:fi:amk-2018052910934
Tiivistelmä
The research titled the Prospects of Internet Banking was carried out in Kimbo Police Cooperative Credit Union (KIPCCUL), North West region Cameroon. The research was carried out based on the observation that in most financial institutions in Cameroon internet banking is still at the introductory level and this is a high innovation that has taken place in the banking sector and many people do not want to embrace this new development.
The aim of this research work was to find out what the future holds for internet banking in Cameroon, some of the problems faced in carrying out this activity, the benefits, the risk involved and above all some proposed solutions to make internet banking usage smooth and convenient now and in the future. A questionnaire was used to collect information, while secondary data was used to collect information from the internet, books found in the library and from some documents from the responses of the questionnaire issued.
Based on the findings, it shows that internet banking in microfinance institutions is necessary. It is worth mentioning that the aim of internet banking is to reduce the workload and make banking more convenient and efficient as well as maximizing profit as a result banks have to put in more efforts in educating their customers about the importance of this internet banking and try to make it worthwhile.
The aim of this research work was to find out what the future holds for internet banking in Cameroon, some of the problems faced in carrying out this activity, the benefits, the risk involved and above all some proposed solutions to make internet banking usage smooth and convenient now and in the future. A questionnaire was used to collect information, while secondary data was used to collect information from the internet, books found in the library and from some documents from the responses of the questionnaire issued.
Based on the findings, it shows that internet banking in microfinance institutions is necessary. It is worth mentioning that the aim of internet banking is to reduce the workload and make banking more convenient and efficient as well as maximizing profit as a result banks have to put in more efforts in educating their customers about the importance of this internet banking and try to make it worthwhile.