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What is e-banking?

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What is e-banking?

Posted by Prachi Nagori 5 years, 2 months ago

CBSE > Class 11 > Business Studies

3 answers

Rishabh Sahu 5 years, 2 months ago

a method of banking in which the costumer conducts transactions electronically by the internet

Jatin Lalwani 5 years, 2 months ago

e banking is a type of emerging mode of business throughout businesses transaction take place through internet

Yogita Ingle 5 years, 2 months ago

Over the last few decades technology has changed everything around us including banking. It has made possible internet banking. Here the customer can do all his banking activities on the internet without physically going to a bank or any human interaction.
All of the bank’s data and the information is stored on servers. So there are services that the bank provides to the customer online and in real time. Customers can see their account statements, transfer funds, apply for loans, pay their bills all online. Hence the phenomenon of e-banking has caught on in the last few years. Almost all banks provide it now.

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