Question

Explain what is meant by internet banking

Answer 1

Internet banking
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It is a modern form of Banking  in which you get traditional banking facilities through the internet sitting on the internet and you can do all the banking activities that you do by visiting the bank like - paying college fees, mobile payments, Paying for bills and recharge or online shopping, there is a lot of work that can be done with internet banking.

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Answer 2

Hey mate!

I am here with your answer!

Internet banking software provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transaction and making payments.

Internet Banking has several advantages over traditional one which makes operating an account simple and convenient. It allows you to conduct various transactions using the bank's website and offers several advantages. Some of the advantages of internet banking are: Online account is simple to open and easy to operate.

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