Iran Daily

Number of people using Internet banking in Ireland up

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The number of Irish people using Internet banking has more than doubled in the space of 10 years.

In 2007 one in four Irish people used Internet banking, while today this figure is much higher at 58 percent, according to data from Eurostat, independen­t.ie wrote.

When it comes to using the Internet banking service, Irish people are slightly ahead of the European Union (EU) average of 51 percent — an average figure that has also doubled in the ten year period.

The service is particular­ly popular among 25 to 34 year olds in the EU, with 68 percent of people in that age bracket using the facility.

According to Eurostat, the use of Internet banking tends to increase in line with the education level of the user.

While only one in four people with low education use ebanking, some 77 percent of those with high education use the service.

Among EU Member States, Internet banking is most common in Denmark (where 90 percent of people aged 16 to 74 said they were using it) and the Netherland­s (89 percent), followed by the other Nordic countries — Finland (87 percent) and Sweden (86 percent).

The lowest shares of Internet banking users were registered in Bulgaria (five percent) and Romania (seven percent).

Less than 30 percent of those between the ages of 16 and 74 use Internet banking in Greece (25 percent) and Cyprus (28 percent).

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independen­t.ie

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