The implication of modified TAM helps the banks in planning, designing, and developing E-banking services to suit the customers’ perception toward E-banking acceptance and adoption because the factors (i.e. information online, security and privacy, trust, enjoyment, internet connectivity, and risk), helps us understand more clearly about E-banking adoption reflecting IT innovation diffusion by customers. Finally, the report provides implications for both theoretical and managerial contributions. The understanding of such external factors will help banks develop E-banking services to suit customers’ usage. Furthermore, the banks can develop better strategic planning for E-banking to serve the customers. However, there are limitations of this report as mentioned previously.