Let's meet EMI a better alternative than TRADITIONAL BANKING.

First of all I want to greet all friends of steem and especially the friends of this prestigious PH community, today I will share with all of you a publication related to a new form of digital banking as EMI.

When we start a company its financial transactions will be important and necessary parts for the development of it, and traditional banking is every day more and more in decline which gives the opening to financial innovations such as EMI.

Traditional banking offered for many years services called quality, where their customers were served personally and gradually some services were via the Internet. In addition, knowing the structure of traditional banks and their regulations, they are subject to the supervision of the governing body of finance in the country where they operate.

EMI is simply electronic money, which emerges as a digital alternative, allowing to make payments without cash through an electronic device such as a cell phone, a prepared card and an online account.

We can also say that it is a financial institution that manages and issues electronic money on behalf of its users and are unique, since there are no branches or subsidiaries.

EMIs make financial services more accessible and efficient for a wide range of commercial and private customers unlike traditional banks. In addition, they can offer several alternatives or access routes to make vital payments in real time.

In conclusion, many of the EMIs are solid institutions that offer a very flexible service according to the needs of their clients, even though they are new institutions in the financial world, they can offer their clients solutions that are more in line with their needs and less cumbersome than traditional banking.

1.- https://www.europeanbusinessreview.com/why-you-should-choose-emi-over-traditional-banking/.