Electronic Banking And Security

Electronic banking in Turkey is becoming widespread in number due to lower operating costs associated with it.

As it was in the form of automatic teller machines and telephone transactions formerly, the banking sector is now providing internet usage to build up a new delivery channel for banking services so as to provide much lower costs. In this matter, there have been great investments and practices recently. As well as for customer orientated transactions, the information technology is also being used for interbank affairs such as electronic check clearing system and direct debit system. Thus, it has also provided a change in banking sector structure due to the fact that no traditional bank would stand without an internet strategy.