This book comprises of four chapters. The Government of India, inrecent years, gives more emphasis on cashless transactions, use of creditcards and electronic transactions. Therefore, there is use of innovativeconcepts of electronic transactions. The authors have tried to explainthese new concepts in a very simple and lucid language, which canenhance the skill sets of students' about learning banking businesses.Fellow teachers and students are welcome with their valuablesuggestions to improve the first edition of this book.