Financial Services > e-banking > Banking news
Internet banking more popular, expert says

Tue, 10 Jul 2007

Internet banking is becoming a more popular way for Britons to manage their finances, it has been claimed.

According to a spokesperson for Nationwide Building Society, the number of subscribers taking advantage of its internet banking service has rocketed from 13,000 to more than three million in the last decade.

Additionally, the expert predicted that the trend will continue, citing a MORI poll that revealed 86 per cent of internet banking users believe the portal to be secure.

"Customers have the convenience of banking from the comfort of their own home, or indeed wherever they are in the world, together with many additional benefits such as discounts and paperless statements," she remarked.

The society spokesperson also said that other online portals are proving popular, in addition to internet banking, with savings accounts available via the web also offering consumers the "highest-paying instant access" to their cash.

Vodafone recently unveiled a service that is an evolution of internet banking, with its mobile banking set to be available to Britons via their own handset for a variety of banks and financial services providers.


add to favouritesnewsletterlink to this pagesend to friendpost comments

Link to this page

Copy and Paste the following HTML into your page.

Save on your mortgage

Save on Your Mortgage

Save money on your mortgage? Fill out our quick mortgage enquiry form.

Health cover, life insurance and PMI

Health Insurance

Find Critical illness, Life and Private Medical Insurance PMI policies.

Simplyhealth Dental Plan
Affordable cover from only £7.50 per month. Join now and get first month FREE
Amex Cash Back
Credit Card
Get 5% cash back on purchases with Amex
Income Protection Insurance
Get an instant quote with the award winning company