electronic banking

Electronic banking, or e-banking, refers to the use of digital platforms—such as online banking websites and mobile banking apps—to perform financial transactions and manage accounts remotely. It allows customers to check balances, transfer funds, pay bills, and access services conveniently from computers or smartphones without visiting a bank branch. E-banking enhances efficiency, provides 24/7 access, and facilitates secure financial management through encryption and authentication measures. It's a modern way to handle banking needs, making financial services more accessible, faster, and often cost-effective.