Internet banking: The backbone of modern financial transactions

Having spent years in the payments sector, I’ve seen firsthand how Internet banking has revolutionized high-value transactions for both retail and enterprise settings. This transformation didn’t happen overnight. It’s the result of continuous innovation and adapting to the ever-changing needs of businesses and consumers.

Internet banking started as a simple online extension of traditional banking, allowing users to check account balances and transfer funds. However, it quickly grew into a sophisticated service with features like bill payments, loan applications, and investment management.