Centuries ago, when the concept of banking arose, cash transactions were made manually. That means that one had to literally meet the other and deliver money. Later the system improved, and money was transferred between accounts. Even so, a person responsible had to move around with money, and it took days to transfer.
Today, if one wants to make a transaction, it will take just minutes, thanks to the Internet. Some of the most common payment methods involve technologies like debit card, credit card, and e-banking. And for people who are not familiar with Internet technology, there are ways using cheques or demand drafts that is DDs.
In the case of debit and credit cards, money is transferred directly from the user’s bank account, to the one it has to be given to. For example, when you go shopping, you can pay the bills using these cards, instead of giving money. The money gets debited from your account and goes to the shopkeeper’s.
E-banking also helps in the same way, where bill payments can be made online. For instance, while paying your phone bill, e-banking helps.