Electronic banking is the process of using a computer to process money, and that process involves taking notes on a computer screen and handing them over to a customer.
But the best electronic banks can’t do all that and can only handle certain types of transactions.
The most popular bank, Barclays, recently added a debit card option to its electronic banking services, which will allow customers to use their bank account to pay for their groceries, rent, car payments and more.
And if you’re interested in becoming an online bank, there are plenty of options online.
You can even start from scratch, or even do some research online to find a bank that suits your needs.
We’ve been talking to digital banking experts to find out how to get started.
Create a digital bank account