The number of people using online banking continues to increase, a new report shows.
2.6 million Irish bank customers are now registered to conduct their banking business online - up 16% on 2008 - according to the Irish Banking Federation/IPSO online personal banking report.
The report also reveals that the number of online payments increased by 12.7% to 34.6 million - representing some 95,000 transactions a day.
'Online banking is facilitating the all-important migration from cheques and other paper-based payments methods to electronic payments,' says Una Dillon, IPSO's head of card services and communications.
'The move to electronic payments is central to ensuring Ireland's competitiveness and efficiency within the wider European market and is a key objective of the Government's National Payments Implementation Programme,' she added.
