What is internet banking?

Internet banking, which is also known as online banking or web banking, is an electronic financial system. It is a financial tool that allows the customers of a bank to carry out commercial activities through the use of the internet and the bank’s website.

What is online banking?

Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app.

What is the difference between online banking and mobile banking?

With online banking, you aren't required to visit a bank branch to complete most of your basic banking transactions. You can do all of this at your own convenience, wherever you want—at home, at work, or on the go. Online banking can be done using a browser or app. Mobile banking is online banking that is done on a phone or tablet.