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Banking Applications - Coggle Diagram
Banking Applications
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Online transactions require extra security (OTP, CVV)
- Credit/Debit Card Transactions
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Used for in-store, online, or ATM transactions
Credit cards: buy now, pay later
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Retail purchases (contactless, chip & PIN)
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Cybersecurity risks (phishing, hacking)
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- Internet Banking (Online Banking)
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Check balances, pay bills, transfer money
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Requires date, payee name, signature, and amount in words and figures
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Donations, bills, or formal payments
- Automatic Teller Machines (ATM)
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Vulnerable to fraud (e.g., card skimming)
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