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Internet banking providers told that men are more PC-savvy

Thu, 25 Jan 2007

Men are more accustomed to using computers on a regular basis, according to a new research, which could be of interest to financial services providers that offer online banking facilities.

Research from online payment security specialist PayPal has shown that 66 per cent of women claim to use a personal computer regularly.

By way of comparison, 74 per cent of men said they regularly use the devices, which could suggest that men will be more receptive to the launch of new internet banking services.

Men are also more confident in their ability to use technology in general, the study indicated.

Some ten per cent of men labelled themselves experts while 17 per cent said they were technology illiterate, whereas eight per cent of women had total confidence in their abilities and 21 per cent said they were hopeless.

"It's a worrying sign for Britain that so many of us are baffled and therefore turned off by technology," commented Neil Edwards, technology expert at PayPal.

"There's no hiding from technology so burying your head in the sand won't make it go away. We must all embrace technology."

Some online banking providers offer the opportunity for account holders to discontinue receiving paper statements, which can help to protect the environment.

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