Digital banking (also known as online banking) is the moving online of banking activities that usually took place at a physical bank location. Some of these activities include cash deposits, withdrawals, transfers, paying bills, and other account services. Digital banking is a term that is used to describe a banking activity that takes place on a digital device, such as a mobile phone or a laptop computer. Paying for groceries by scanning a QR code on your phone, paying bills online, or sending money to a friend via an app is all considered digital banking. Switzerland is well-known as the home to the most sophisticated and most secure banking system in the world. Thanks to the stability of its currency and political system, as well as its high level of legal certainty, Switzerland remains one of the world’s most important financial centers.