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What is meant by E-banking? - Commercial Studies

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Question

What is meant by E-banking?

Answer in Brief

Solution

  1. Electronic banking refers to bank transactions that are carried out via computer technology. Users with a PC and browser can visit and use the bank's website for banking services.
  2. Electronic banking refers to banking transactions conducted over the Internet. It is part of virtual banking.
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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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Chapter 14: Banking - EXERCISES [Page 257]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 24. | Page 257
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