Online bank use one of lowest in EU

Irish consumers are lagging dramatically behind their European counterparts when it comes to using online banking, according to a study by comScore.

ComScore found out of 18 European countries, Ireland had one of the lowest rates of people using online banking as a percentage of the internet population.

The comScore findings were strongly disputed by the Irish Payment Services Organisation. IPSO spokesperson, Una Dillon said: “More than three million people had registered for using online banking by the end of September 2011. That is 67% of the whole population.”