Question

Electronic banking is also called​

Answer 1

Answer:

Explanation:

Electronic banking, also known as electronic fund transfer (EFT), uses computer and electronic technology in place of checks and other paper transactions. EFTs are initiated through devices like cards or codes that let you, or those you authorize, access your account.

Answer 2

Answer:

Electronic banking is also called​ Electronic funds transfer (EFT).

It is a basic service provided to the customer for transfer money from one account to the another account.

By this we proceed towards the online marketing.

Explanation:

• It is a type of online banking.
• In this we transfer funds or money through transfer to transfer directly.
• It is generally used by businessman to transfer large amount of money to an another account.