At one time, people had to travel to physical bank branches to deposit checks, make withdrawals, or apply for loans. Today, customers can perform all these transactions remotely through digital banking. Rising in popularity in the early 2000s, digital banking has become a big part of everyday life. People can also use their computers and smart devices to make payments directly to merchants. But how does it all work? Part of The Digital Economy series, Digital Banking and Payment Services is a guide for young people interested in learning more about managing their money in the digital world.