What are Digital Banking Platforms?

Digital banking platforms refer to online platforms and applications that enable individuals and businesses to perform various financial activities and transactions electronically. These platforms leverage technology to provide convenient and accessible banking services, often eliminating the need for physical branch visits.

Account management: Users can open new accounts, view their account balances and transaction history, and manage their personal or business accounts online.

Fund transfers: Users can transfer funds between their own accounts or send money to other individuals or businesses electronically.

Bill payments: Digital banking platforms allow users to pay their bills, such as utilities, credit