29% Indians think mobile banking is safe
A survey, Mobile Opportunities for the Financial Sector, commissioned by Sybase 365 along with BDM Intelligence found the Indian users to be more aware of mobile banking than those in other countries in Asia that it surveyed.
The survey states that 81 per cent of Indian respondents are aware they can check bank balance on a mobile phone, while 49 per cent have used these services in the last three months-the highest amongst the five countries surveyed in the region.
The survey found out that consumers in India (71 per cent ) are more aware when compared to their counter parts in the other regions on the offerings their bank provides on mobile phones. Almost half of the Indian respondents checked their bank balance on their mobile phone and 54 per cent via the Internet.
The popularity of mobile banking can be gauged from the fact that one in three Indian consumers would consider the option of switching to a bank, which offers free mobile banking services according to the report.
Some other findings:
- 50% of the respondents use mobiles for checking their bank balance
- 29% think mobile banking is safe
- 41% are ready to pay for services that allow them to freeze a card
- 35% are ready to pay for reporting a potentially fraudulent transaction
[Via]
I wonder what the profile of the survey respondents were.
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