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What is meant by E-banking? - Commerce

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Questions

What is meant by E-banking?

Explain the meaning of e-banking.

Explain
Short Answer
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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]

APPEARS IN

Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 24. | Page 257
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 4 Banking - Latest Trends
EXERCISES | Q 3. | Page 104
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 4 Banking - Latest Trends
EXERCISES | Q 4. i. | Page 104
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