Finally, Pikkarainen et al., (2004) studied on consumer acceptance of online banking, based on an extension of TAM. Their research tested on influential factors affecting actual E-banking (online banking) use. These influential factors were perceived usefulness, perceive ease of use, perceive enjoyment, and information on online banking, security and privacy, and quality of internet connection. The outcomes indicated that perceived usefulness of E-banking, perceived ease of use of E-banking, perceived enjoyment of E-banking, information on E-banking, and security and privacy had direct relationship to the acceptance of E-banking.