online banking
[/ˈɒn.laɪn ˈbæŋ.kɪŋ/]
noun
banco on-line
1. A system that allows customers to conduct financial transactions through the internet using their bank's website or mobile application
I transferred money to my friend using online banking instead of visiting the bank branch.
Transferi dinheiro para meu amigo usando banco on-line em vez de ir à agência bancária.
2. The practice of managing bank accounts, paying bills, and conducting other banking activities via digital platforms
Online banking has made it convenient to check my balance 24/7.
O banco on-line tornou conveniente verificar meu saldo 24 horas por dia, 7 dias por semana.
3. Internet-based financial services provided by banks to their customers
Most banks now offer online banking services to their customers.
A maioria dos bancos agora oferece serviços de banco on-line aos seus clientes.
Online banking has transformed financial habits in both Brazil and the USA. In Brazil, the adoption accelerated significantly post-2010, with major banks like Itaú, Bradesco, and Santander heavily investing in digital platforms. American fintech companies have influenced Brazilian banking culture, leading to the emergence of digital-only banks like Nubank. Security concerns regarding fraud and data protection are major cultural considerations in both markets, with strong regulatory oversight by BCB (Brazil) and the Fed/OCC (USA).
Related Idioms & Phrases
banking at your fingertips
digital banking revolution
anytime, anywhere banking
Look up more words on Fala2Me
The free English-Portuguese dictionary with real Brazilian accents, NYC slang, conjugator and more
Open Fala2Me →