Online banking has gained the momentum. The new way of banking is convenient and saves both time and money. Although, online banking has several merits, users have concerns of security.
65% of respondents use online banking regularly. For online banking 35% of participants use desktops/laptops. However, 59% of users experienced problems like identity theft, fraud, lost of funds. Another 23% of online bank account holders are worried about account information visibility.
