A system used to transfer cash over the Internet to pay for goods and service. A system used to conduct business transactions of buying and selling goods and services over a computer network. Electronic mail, or email Messages that are sent from one person's computer to another's via the Internet . Files can be attached to the email message for download ing by the recipient of the message. Encryption A method for ensuring the privacy and security of a consumer's personal finance information at a bank or financial institution Web site.
Encryption is the process of scrambling data so that only the intended receiver can use it.
To be effective, encryption needs to be used by both the sender and the receiver. Consumers should make sure it is being used when sending sensitive information. See also key . The section of a Web site where the bank or financial institution posts answers to consumers' most commonly asked questions about the banking services. Fees Online banking fees vary widely.