electronic banking

Online money management

Electronic banking is conducting financial transactions through digital channels rather than visiting a physical bank branch.

This includes online banking via websites, mobile banking apps, ATMs, and direct deposit.

The term emerged as banks computerized in the late twentieth century; today it's simply how most people manage their money: I pay all my bills through electronic banking.

Related

tokenization · e-wallets · bill pay · bank app · transaction · real time · routing number · checking account · savings account · cybersecurity · fraud alert · wire transfer · biometric verification · two-factor authentication · payment gateways · blockchain technology · direct deposits · money transfer

Categories
Opposites
banking method/channel

electronic bankingcash transactions

Purchases made with bills

counter service · check writing

technological mediation

electronic bankingcash transactions

Purchases made with bills

technological modernity

electronic bankingbarter

Direct goods-for-goods exchange

Family

banker, banking, electronic, electronics, banked, bankers, mobile banking, electronically, online banking

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G