Electronic Banking
Electronic Banking refers to the use of digital platforms to conduct financial transactions and manage bank accounts. This includes services such as online banking, mobile banking apps, and automated teller machines (ATMs). Customers can check balances, transfer funds, pay bills, and deposit checks without visiting a physical bank branch.
With Electronic Banking, users benefit from convenience and accessibility, allowing them to perform banking activities anytime and anywhere. Security measures, such as encryption and two-factor authentication, help protect sensitive information. Overall, electronic banking has transformed how people manage their finances in the modern world.