The least expensive method for banks to interact with their customers is

Question

Quizplus · Accepted Answer

Online banking is the least expensive method for banks to interact with their customers as it requires minimal infrastructure and personnel compared to in-person or phone interactions. Additionally, self-service capabilities such as online bill pay and mobile check deposits reduce operational costs for banks. ATM machines and self-service kiosks also provide cost savings, but they have limited functionality for customer interactions compared to online banking.

The Least Expensive Method for Banks to Interact with Their