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EPR Archived News |
Mr and Mrs Smith go online, as internet technology moves from fantasy to normalityReleased on = June 14, 2005, 7:31 am Press Release Author = Rachel Lane / Cashzilla Industry = Financial Press Release
Summary = Whilst not all Smiths lead the glamorous technological
lifestyles of Brad Pitt and Angelina Jolie, the number of British
consumers using Press Release Body = According to NOP World, 48% of all Internet users researched or purchased financial products such as insurance and loans on the internet, or used online banking facilities. In April, NOP World had already recorded estimates of 28 million people online in Great Britain, with 13.5 million exploiting the Web for their financial requirements. NOP World’s
report showed that of the financial activity, most was research
related; as 84% of Internet users seeking financial services used
the Internet to gather information, utilising sites such moneynet.co.uk
and moneysavingexpert.com. Over Although only 3.3 million consumers bought loans and insurance online last year, NOP state that confidence in buying such products over the internet is growing, with recent figures showing an increase of 43% in people researching, then purchasing online. Internet banking
is also increasing in significance. There are now over 10.3 million
consumers managing their bank accounts online, a result of increased Despite the
positive news, finance companies could go further in encouraging
consumers to take up the internet as a tool to manage their finances.
NOP World has additionally reported that many online accounts remain
dormant stating that the problem affects all banks “even specialist
online providers, with dormancy rates ranging from as low at 10%
to as high as 80%”. Moneynet.co.uk, Moneyextra and For further
information: Web Site = http://www.cashzilla.co.uk/ Contact Details
= Rachel Lane
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2012
