Women Turn To Online Banking
The popularity of internet banking is growing more rapidly among women than men, according to the latest quarterly survey by Nationwide.
Since the end of last year, around one million more women in Britain have begun banking over the internet – compared with 600,000 men. While men are still more likely to be banking online, the gender gap will quickly diminish if current trends continue.
Male banking online rose by 23% to 3 million in the first five months of 2001. Meanwhile, the number of women has doubled to around 2 million. If this trend continues the number of women organising their finances over the net will equal that of men by early next year.
Of those with a current account, 16% of men and 10% of women are presently banking online, according to the survey.
Source: Nationwide