What Is the Purpose of Electronic Banking?

monitor with money coming in image by patrimonio designs from Fotolia.com

Many aspects of the banking industry have changed and evolved as computers and the digital world have become a larger part of our daily lives. One of these aspects is the expanding use of electronic banking and its many benefits for personal and business use.

Definition

EFT

Features

Direct Deposit

ECC

References

About the Author

Darrin Meyer has been writing since 2009. In addition to being a frequent blogger, his articles appear on eHow, Answerbag and other Web sites. Meyer has a Bachelor of Arts in broadcast journalism from the University of Nebraska-Lincoln.

Photo Credits

  • monitor with money coming in image by patrimonio designs from Fotolia.com