In two to three sentences, explain online banking and its purpose.

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asked Mar 2, 2022 104k views

2 Answers

Sahil Agarwal · Answer 1 · 2022-03-03T11:21:13+0000

Answer:

Banking online means accessing your bank account and carrying out financial transactions through the internet. The purpose of banking online is it allows you to carry out a number of tasks such as paying bills and transferring money, without having to call or go to your bank.

Step-by-step explanation:

Daveed · Answer 2 · 2022-03-06T14:04:00+0000

Answer:

It is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. It is usually used as an easier and faster way to connect with your bank and to access your banking information.

Step-by-step explanation:

In two to three sentences, explain online banking and its purpose.

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