>>Let's put it another way, online banking is great, but on the
majority, it helps banks. The web channel is cheap. 

Of course it helps banks, but it also helps customers a lot. I can pay
bills much more cheaply and efficiently because of online banking. I buy
stamps maybe once a year now. I can pay bills on the day they are due. I
can schedule payments to recur for things like my mortgage that I don't
want to miss. I can pay my home equity line of credit simply by
transferring funds from checking to it. I don't need to get and save
paper statements and cancelled checks; I can see them online. Online
banking is highly advantageous for customers. 

Larry Seltzer
eWEEK.com Security Center Editor
http://security.eweek.com/
http://blog.eweek.com/blogs/larry%5Fseltzer/
Contributing Editor, PC Magazine
[EMAIL PROTECTED] 

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