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What are the advantages and disadvantages of using the Internet for banking?
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Advantages: 
1. Convenient access to financial services 24/7 from any location with an internet connection.
2. Ability to conduct transactions quickly and securely.
3. Access to a wide range of financial products and services, including loans, mortgages, investments, insurance, and more.
4. Lower fees than traditional banks due to lower overhead costs.
5. Easier access to credit history and other information about yourself.Disadvantages:
1. Potential security risks associated with online banking.
2. Limited customer service options compared to traditional brick-and-mortar banks.
3. Difficulty in verifying identity when conducting transactions.
4. Risk of fraudulent activity or phishing scams.