How Easy it is to Use Online Banking

Since the year 2002, there has been a dramaticwhen they opt to sign up for online banking and buying
increase in the number of people who do bankingonline using credit card. Most customers who use the
online. It has grown by 47%, which just goes toonline option, need to have a fast DSL connection
illustrate how popular truly is. This shows that about 53which will make it much quicker. Sixty-three percent of
million people in America are now using online bankingcustomers who have DSL at home, also mentioned
as their preferred method of making purchases,that they have tried banking online.
transferring funds and paying bills.ate 2002.This number is comparable to the 32% of people who
It is estimated that around 44% of Americanhave a dial-up internet connection and have used
households use the internet. Now nearly one quarter ofonline banking. Approximately, 51% of customers who
adults now report that they use online to pay bills andhave six years or more of Internet experience have
check bank account information. In an average day, 13said they have tried online, compared to 27% who
million American people will sign on to check their onlinehave less than six years. Age also plays a factor in
bank account, this is an increase of 58%.the amount of people who have tried online, most are
People consider a number of different reasons whenbetween the ages of 28 and 39, but once people are
they decide to sign up for online. Many customers whoover the age of 60 the percentages drop dramatically.
sign up for online banking have a fast broadbandPeople know they can trust online and are taking to it
connection, which makes the experience better.quite well. With a user friendly guide on many websites,
Sixty-three percent of people who have broadband atbanking online is now a much easier and more
home also said that they have tried banking online.convenient way to manage your financial affairs.
Many people have a number of different reasons