Electronic banking primarily involves what type of transactions?

The focus of electronic banking is primarily on conducting transactions through digital channels, particularly over the internet. This encompasses a range of activities such as online deposits, transfers, and payments, all of which utilize encrypted transactions to ensure the security and confidentiality of personal and financial information. By relying on secure connections, electronic banking allows users to manage their finances from anywhere without the need for physical interaction with a bank.

Other options are not aligned with the concept of electronic banking. For instance, physical bank visits, cash withdrawals only, and in-person negotiations represent traditional banking methods that require direct engagement with bank personnel or physical locations, which is contrary to the principles of electronic banking that emphasize convenience and digital engagement.