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Customers make over 28 million online and mobile banking payments in first half of 2014

24th November 2014

  • Over 179 million online and mobile account log ins

The latest figures from the BPFI Online and Mobile Banking Report show that customers made over 28 million online and mobile banking payments in the first six months of 2014 – about 1.1 million payments per week. Mobile payments, which are included in the report figures for the first time, accounted for just over one-in-three of these payments.
The report, which provides quarterly data on trends in online and mobile banking Ireland, shows that by the end of June 2014 there were 2.4 million active users of online banking – an increase of 9.8% on the same time last year. There were one million active users of mobile banking.
The report also shows the frequency of consumer usage of online and mobile banking. In the year to date online and mobile banking customers logged into their accounts over 179 million times, with some 83 million logins through mobile banking app.

The BPFI Online and Mobile Banking Report can be viewed on the BPFI website here.

ENDS/

Note: Banking & Payments Federation Ireland (BPFI) is the voice of banking and payments in Ireland, representing over 70 member institutions and associates, including licensed domestic and foreign banks and institutions operating in the financial marketplace here.

Contact: Jillian Heffernan, Head of Communications, BPFI, ph: 01 474 8835 / 087 9016880

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