Australians Afraid of Mobile Banking

Posted on July 18th, 2008 by

A recent study reveals that Australians are wary of using mobile phones to do banking transactions.

The survey shows that 78 percent Australians will not shop, pay items, or bank using their mobile phones because they say such transactions are not secure.

Unisys, a security service consultant says that the likely reason behind such fears is that there is not much awareness of its security. They are aware of the benefits, yet are not sure if the service is really secure.

Mobile banking is a convenient service that is gaining popularity around the world since it allows people to do simple banking transactions using their mobile phones anywhere they are.



  1. kuriburus aegis said,

    on 2008-09-21 at 19:28:40

    My wife shares this sentiment too, actually. She doesn't want to use her phone whenever she makes any transactions no matter how much I and my kids tell her it's totally secure.

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