A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related MoneyPedia terms
- Online BankingManaging your accounts through a bank's website, letting you check balances, move money, pay bills, and view statements from a browser.
- Mobile Check DepositDepositing a paper check by photographing its front and back with your bank's app instead of visiting a branch or ATM.
- Bill PayA banking feature that sends payments to your billers automatically or on demand, either electronically or by mailed check.
- Checking AccountA bank account built for everyday spending, letting you deposit money and pay for things with a debit card, checks, or transfers.
- Two-Factor AuthenticationA security step that requires a second proof of identity, like a texted code, on top of your password to access your account.
- E-StatementA digital version of your monthly account statement delivered through online or mobile banking instead of on paper by mail.
More in Banking
Account NumberAccount ReconciliationACH TransferAPR (Annual Percentage Rate)APY (Annual Percentage Yield)ATM (Automated Teller Machine)
Plain-English education — not personalized legal, tax, or investment advice.