The power of digital banking has been driving the Pakistani banking industry for some time now but people still debate over which bank is the best digital bank in Pakistan.
Hands down, one can simply answer this question by looking at different factors that make a bank eligible for this title. Here are a few factors that you can look at before deciding which bank is the best bank for digital banking.
Table of Contents
Convenience
More than just the physical benefits that the bank is providing to the account holder, one now needs to look for convenience. This means that the users should have the freedom to make transactions as and when they like without having to worry about down time or unnecessary interruptions.
To make it happen, HBL offers ease of use and a convenient interface for their Konnect application which is the hub for all of these activities. Meezan bank creates an opportunity by offering a clean interface and so on.
User friendliness
Digital banking stems from the use of the application for the account holder and if that application isn’t easy to use then there’s no point of boasting about the use of digital banking. HBL’s Konnect app is the rightful owner of the title “user friendly application” because it doesn’t lag, gets disconnected, or buzzes when you use it.
Account security
Another aspect on which more users are dwelling and focusing on nowadays is the account security. Yes, with the advent of technology came the thieves too. These fraudsters are ready to make a hole in your bank account digitally, should you be distracted.
However, with the modern day fool proof security systems, the account user can sit back and relax because with the right password and locked encryption, only the account holder can access the account and no one else.
Now this is for you to decide on which bank can you trust.
Credibility
Last but not the least, credibility is super important when you are trusting someone and when it’s about trusting someone with your money, you need to be extra vigilant. A bank that is credible, widely known, has been operating in the banking space for decades, and is trusted by millions of users will be the right choice.
These factors combined with each other make a bank, the best digital bank. If you find any one of these factors missing from a bank, steer away from that space. Just make sure that your decision is a good and secure one as its for life. So this is all about which is the best digital bank in Pakistan? If you still have any questions, you can let us know. We’d be happy to help you out.
