Online Banking Growing Rapidly, Survey Finds

WASHINGTON (Reuters) - Nearly half of all U.S. adult Internet users now manage their bank accounts online, making banking the fastest-growing online activity, according to a survey released on Wednesday.

Forty-four percent of U.S. Internet users bank online, up from 30 percent two years ago, the Pew Internet and American Life Project said.

The nonprofit group said banking has grown faster than any other online activity since it began measuring Internet use in March 2000.

People with high-speed connections at home, those between the ages of

28 and 39, and more affluent households were most likely to bank online, the group said.

The survey of 537 Internet users was conducted in November 2004 and has a margin of error of plus or minus 5 percentage points.

Reply to
Lisa Minter
Loading thread data ... Forums website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.