Date Added: Aug 2013
In traditional transactions, the coins and currency notes were the common modes of money exchanges. Later on this system shifted to manual banking mode. A traditional user is always paranoid of safety of real (physical) money. In case the people use the bank facilities then they has to go to a bank for opening an account, to get the cash, to get a cheque book issued and getting a draft prepared. But the advancement in electronics and computers has completely changed the scenario of traditional dealing.