Question

What is meant by E-Banking ?

Hint:

E-Banking is also known as "Virtual Banking" or "Online Banking".

Answer 1

1. E-Banking (Electronic Banking) refers to the performance of banking activities via the internet or electronic telecommunication networks.
2. It allows customers to conduct financial transactions like fund transfers, bill payments, and checking account balances without visiting a physical bank branch.
3. Common platforms include Internet Banking, Mobile Banking, and ATMs.