Don't get confused, online banking and digital banking are different, you know. Online banking is a form of financial transaction that aims to make it easier for conventional bank customers to carry out transactions. Meanwhile, digital banks can access all conventional bank products and services via electronic and online platforms.
Before you decide to choose a digital bank, before deciding to choose a digital bank, there are several things you need to pay attention to because it concerns your financial security, to consider the security and facilities of the digital bank you are using.
Wise tips for choosing a digital bank can be seen below.
1. Ensure Security
Digital bank security needs to be registered and supervised by the OJK (Financial Services Authority), to guarantee funds for digital bank customers including LPS (Deposit Insurance Agency) participants, the transaction authority must also provide prior authentication when logging in and making transactions such as fingerprint, PIN, password , face recognition, and OTP.
2. Check Features
After ensuring the security of the digital bank, Great Friends also need to check the features offered such as free administration fees, free transfers and free cash withdrawals.
3. Check Facilities
After knowing the features offered, this does not mean the end of choosing a digital bank. Great Friends also need to check the facilities provided, such as ATM cards and mobile banking. Mobile banking makes it easier for you to check balances, transfers, pay, top up, and even block cards. Apart from that, make sure your ATM card has the GPN logo, so you can withdraw cash at ATM Link, ATM Bersama, Alto, or Prima. If your ATM card has a Visa or Mastercard logo, you can withdraw money at overseas ATMs.
4. Digital Bank Rating
Who says checking Digital Bank rankings is something trivial? This is also important in using digital banks wisely, in order to know the quality of digital banks that other users currently have.
The following is a ranking of the top 10 digital banks based on popularity on Google Play or App Store (updated on August 12, 2023).
(Sumber : id.my-best.com/139216)
Apart from being effective in being able to be used anywhere and at any time, digital banks also have several weaknesses that Great Friends need to remember, here are the weaknesses that digital banks have.
- An unstable internet network can disrupt the progress of transactions which can cause the transaction process to be carried out twice.
- Data security problems, prone to hacking, even customer data leaks.
- There are still some people who do not know and understand the use of digital banks due to their lack of adapting to increasingly sophisticated technology.
- User experience or features that customers are not familiar with so that errors or lack of wisdom in their use often occur.
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