Online banking customers are logging on to make their lives easier, according to new research.
Some 86 per cent of web users find online banking simpler than visiting their branch, a study by HM Revenue and Customs has revealed.
In addition to online banking, the survey also found that individuals believe other online services to be helpful, with 77 per cent preferring to fill in their tax returns electronically.
Christmas shopping and food shopping were other task which respondents claimed to find easier over the internet.
"More than nine million people need to fill in a tax return each year, and over two million do it online. With instant tax calculations, state of the art security and a stop and start function, it's an appealing alternative for anyone," commented HM Revenue and Customs.
Online banking was rated as the third most popular use for the web, with 39 per cent of respondents citing this, behind researching and finding holidays.
Earlier this year, research from Orange broadband found that many UK residents were also turning to the Internet as a mean of generating income.
Online banking makes life simpler, study shows
Financial Services > e-banking > Banking news
Online banking makes life simpler, study shows
Fri, 01 Dec 2006
Recommended links
Security fears deter potential online banking shoppersTake care when using online banking services, consumers warned
Online banking a winner with consumers
Shop online for christmas gifts
Compare providers of online banking
HMRC - online self assessment
| Banking news |
|---|
| Online Banking Fraud Rises - Wed, 10 Mar 2010 |
| Bank of England Hold Interest Rate - Fri, 05 Mar 2010 |
| Young Adults Banking on Parents for Support - Wed, 03 Mar 2010 |
| More News |
SimplyHealth Dental Plan
Get covered from £7.70 per month.
Amex Cash Back
Credit Card
Credit Card
Get 5% cash back on purchases with Amex
Income Protection Insurance
Get an instant quote with the award winning company