
What is Internet banking or online banking?
Net banking helps the customer to transact with the help of a mouse. So he can avoid his visits to the neighborhood bank. Internet banking is sometimes called online banking.
It is an outgrowth of PC banking. Internet banks are also known as virtual, cyber, net, interactive, or web banks. Internet banking is used widely by masses. Online banking has opened the doors for all customers, to operate beyond boundaries. It has various benefits to offer. Nowadays, all banks provide online banking facility to their customers as an added advantage. Internet banking uses the Internet as the delivery channel by which banking activities are conducted.