The majority of web users are confident in their ability to conduct online banking transactions, according to statistics that confirm two-thirds regularly use internet banking services. Author: Chris Taylor
The majority of web users are confident in their ability to conduct online banking transactions, according to statistics that confirm two-thirds regularly use internet banking services.
Research from the payment education service, PayYOURway, found that almost four out of five people (79 per cent) are confident in their ability using online payment services when banking; rising to 90 per cent for 25 – 34-year-olds.
Easier.com reports that the ease and convenience of conducting online payments is spearheading customers’ migration to internet banking. A quarter of internet users log in to their accounts every day remotely, while two in five (39 per cent) use internet banking at least weekly.
Just 13 per cent of Britons would rather walk into a branch on a weekly basis to manage their finances.
The findings could suggest that if the nation is comfortable managing their own finances online, then they will be more willing to try other online payment services such as those provided by eCommerce sites and retailers.
PayYOURway released the findings as part of its new campaign Get Safe Online Week, which aims to ease those new to internet transactions in safely.
Commenting on PayYOURway.org.uk, Sandra Quinn, from the campaign says: “Internet banking is fast, convenient and available 24 hours a day – so it’s no surprise it’s now the nation’s favourite way to manage money.
“Whether you’re an old hand at internet banking or thinking about trying it for the first time, it’s important to stay safe online.”