How efficient and advance will be the branch network of a bank by using various channels for payment and how the security will be handled?

Creating various channels of payment provide options to customers for better experience and delight. It give them ease of making payment through means that they are more comfortable with.

Security checks must be in place, so as to curb fraudulent attack. example is to create more than one level of authentication and checks, KYC on all accounts.

VARIOUS CHANNEL OF PAYMENT GAVE CLIENTS THE INNOVATION AND EASE OF PAYING.  GIVING THEM MORE TIME TO OTHER THINGS TO DO IN LIFE.  IT WILL MAKE LIFE EASIER AND THE BEST THINGS HAPPEN. IT IS HANDLED BY EXPERTS TO ENSURE SECURITY OF THEIR CLIENTS.

Multiple channels of payment provide options to customers for better experience and delight. Thus efficiency of customer relationship and retaining them can be one of the points of a user freindly bank. Security needs to be focusssed on the limited no of channels, that needs to be tested and verified before providing them to the public. Key points siuch as dual step verifications for authorising transactions, pre-loaded wallets, enabling only the KYC verified customers and the establised payment portals to be on board etc, should be kept on mind while on planning and strategy phase.