RTGS stands for real-time gross settlement; it is a facility provided by the banks. This enables funds to be transferred instantly and fully from one bank to another and from one location to another. Which is on an individual-order basis. The main benefits of RTGS are its real-time processing, high transaction limit, security, accurate settlement, […]
Category: Benefits of technology
Advantages and disadvantages of BHIM APP
BHIM app will enable fast, secure, and reliable cashless transactions through a mobile app. BHIM app is developed by NPCI. This app is launched to encourage cashless transactions across India. However, you can send and receive money by using the app instantly. So here this article gives the advantages and disadvantages of the BHIM app […]
Advantages and disadvantages of paytm
Paytm wallet was introduced years ago and during that time, it made it easy for people o recharge a mobile phone, pay bills, and other such things. It is reliable and it offers multiple modes of payments for the user. So here this article gives the advantages ad disadvantages of Paytm to better understand this […]
Biometrics advantages and disadvantages
Biometric authentication is based on specific human characteristics and is a what you are component. In addition, Biometric features may be used to authenticate identification in a variety of ways. DNA, fingerprint, facial recognition, and eye scan are physical biometrics whereas, speech, handwriting, and signature recognition are behavioural biometrics. So, here this article gives information […]
Advantages of amazon | Disadvantages of amazon
Every new seller making the transition to the Amazon marketplace automatically access a global audience. In this article a few trends in the amazon e-commerce marketplace in general. So here this article gives the advantages and disadvantages of Amazon online shopping to better understand this topic. Advantages of AMAZON: Many potential customers are only interested in items available on Amazon. Well-established amazon partner program for […]
Advantages and disadvantages of flipkart
Flipkart is India’s largest online megastore and often called Indias amazon. Flipkart initially focused on online book sales before expanding to a variety of categories such as electronics, beauty and health care, gaming, mobile phones, computers, hair care, home and kitchen, personal care, and so on. Let us check out the advantages and disadvantages of […]
Advantages and disadvantages of google pay
Google pay is a digital payment app all over India. It was the previous name for the app and it was recently renamed. However, In addition, to the change in name lot of additional features are added to this app to increase popularity. It also offers pre-approved loans on the go in go in association […]
Advantages and Disadvantages of E-Banking
Over the years the banking has drastically changed and has affected the lives of millions of individuals around the globe. In addition, E-banking is internet banking is an electronic payment system customers of a given can perform all their banking transactions. So here this article gives the advantages and disadvantages of E-banking to better understand […]
Advantages and disadvantages of ATM
ATM stands for automated teller machines, it is an electro-mechanical machine that consists of automated banking platforms that allow the client to perform a smooth transaction without the assistance of a branch representative or teller. A debit card or credit cardholder should be able to withdraw cash at most ATMs. ATM is beneficial in allowing […]
Advantages and disadvantages of credit card
Credit cards have a poor name, but when used safely, they can be a valuable financial method. This article explains the benefits and drawbacks of credit cards or advantages and disadvantages of the credit card to help you better understand the topic. Pros or Advantages of credit card: building credit history A quick source of […]
Advantages and disadvantages of debit card
Despite the fact that debit cards are commonly used, many people are unaware of their benefits and drawbacks. Debit cards resemble credit cards but operate similarly to cash or personal checks. So here this article gives the Advantages and disadvantages of debit card to better understand this topic. Pros or Advantages of debit card: A […]
Advantages and disadvantages of payment gateway
Gateway is a kind of networking device that interconnects two devices in different networks so that they can communicate with each other. It acts as a gate for another network. So here this article gives the Advantages and disadvantages of payment gateway to better understand this topic. Pros or Advantages of payment gateway: Credit card […]
Advantages and disadvantages of fingerprint recognition
An advantage of the fingerprint identification method is that the fingerprints pattern remains the same for a person throughout his/her life, making it an infallible Disadvantage of biometric authentication. Despite increased security, efficiency, and convenience, biometric authentication
Advantages and disadvantages of pattern recognition
The method of identifying patterns using machine learning algorithms is known as pattern recognition. However, this approach is known as data classification based on prior knowledge or statistical information derived from patterns or their representation. In addition, pattern recognition’s use potential is one of its most significant features. As a result, this article discusses the […]
Advantages and disadvantages of iris recognition
Iris recognition use cases range from national citizen ID programs to physical access control for the organization. It is to border management and defense. On devices with special IR-enabled cameras, it can also be used as a form of mobile authentication. So here this article gives the advantages and disadvantages of iris recognition to better […]
Advantages and disadvantages of signature recognition
A signature in which to confirm the identity also creates a legally binding contract or agreement between two or more parties. Signature recognition has generated much more interest than the keystroke recognition system. So here this article gives the advantages and disadvantages of signature recognition to better understand this topic. Pros or Advantages of signature […]
Advantages and disadvantages of speech recognition
One of the most important biometric technology called Speech recognition technology has become an increasingly popular concept in recent years. This technology is widely used for various advantages it provides. It allows documents to be created because the software generally produces words as quickly as they uttered. Which is usually much faster than a person […]
Advantages and disadvantages of face recognition
Facial recognition technology is a normal part of everyday life now. Whether it is a surveillance camera in grocery stores, tagging friends on social media, or logging into our smartphones, facial recognition is here to stay. In recent years facial recognition one of the most important technology in biometric. So here this gives information about […]
Advantages and disadvantages of data mining
Data mining brings a lot of benefits to business, society, government as well as the individual. However, the privacy, security, and misuse of information are being problems if they are not addressed and resolved properly. So here this article gives information about the advantages and disadvantages of data mining to better understand this topic. Pros […]
Advantages and disadvantages of serverless computing
Serverless computing refers to a cloud-based model that enables the user to create and run applications or processes without direct contact with the underlying server. These cloud environments do have servers though the provider takes sole responsibility for the provision, scaling, and management. The serverless approach goes one step further than the platform as a […]
Advantages and disadvantages of natural language processing
Natural language processing is the interpretation of a human by a machine. All languages have grammatical and semantic rules. However exception exists, The same, if it is complicated for a person who speaks English, for example, to understand Spanish, it is complicated for machine well. This where machine learning comes into play as a tool […]
Advantages and disadvantages of grid computing
Grid computing has been around for over the last 12 years now. Its makes many advantages. Grid computing can be defined in many ways but for this discussion let’s simply call it a way to execute compute jobs. So here this article gives the advantages and disadvantages of grid computing to better understand this topic. […]
Advantages and disadvantages of fog computing
Fog extends the cloud close to the device which produces or generates the data. This system is called the fog nodes. The device with network connection, storage, and computing features is knowns as a fog node. Examples include switches, controllers, servers, routers, cameras, and so on. Fog computing is called edge computing. So here this […]
Advantages and disadvantages of edge computing
Edge computing enables data to be analyzed, processed and transferred at the edge of the network. In addition, the data is analyzed locally, closer to where it is stored, in real-time without considering latency. Edge computing allows data from the Internet of Things device to be analyzed edge of the network. However, this data send […]
Advantages and disadvantages of RPA
Robotic process automation can be an expanding technology with several added benefits. Many individuals are still not persuaded of it and pose concerns. So in this article, we have to discuss the advantages and disadvantages of RPA (Robotic Process Automation) to better understand this topic. Pros or Advantages of robotics process automation (RPA): Robotic processes […]
Advantages and disadvantages of cognitive cloud computing
The computerised model for simulating the human thought process in certain complex circumstances is cognitive computing. In addition, where there may be an unclear and uncertain answer. Artificial intelligence overlaps with it. It involves many of the same underlying technologies to power cognitive applications. This system including expert systems, neural networks, robotics, and virtual reality. […]
Advantages and disadvantages of internet of things
IoT stands for the internet of things, it is a burning topic these days. Like every fresh concept, the masses are not too familiar with the novel ideas. So, what exactly is IoT? it refers to a virtual internet connection from things, people, animals, processes, and almost everything that we see around. It defines a […]
Advantages and disadvantages of e-commerce
E-commerce makes it possible to open the door of their very own virtual stores. Selling online makes it easier for small, specialized stores ad in rad outlets to reach a wide audience. And just like a traditional business, e-commerce has its advantages and disadvantages. So here this article gives the advantages ad disadvantages of E-commerce […]
Advantages and disadvantages of machine learning
We keep hearing the term machine learning not only does it offer growth in career but also it promises to solve problems and also benefits the business organization. It makes predictions and helping them to make a better decision amidst all hype around the Big Data. Let us check out the advantages and disadvantages of […]
Advantages and disadvantages of M-Commerce
M-commerce is electronic commerce that occurs on a mobile device also known as Mobile Commerce. It is a term that was initially introduced in 1998 by Duffy during the launch of the global mobile commerce forum. M-commerece delivers electronic commerce services worldwide to the hands of a customer using wireless technology. It can help to […]