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Financial products big hit online

Insurance and credit cards prove most popular

Britain now has two million people buying financial products online.

According to a recent in depth study from Mori around one in seven UK adults (6.3 million people) have used the internet in the past year to get information about financial services.

Of those who have used the internet to look for financial information one in ten have purchased car, home or travel insurance. A further 11% used the Internet to arrange a credit card.

PC Advisor’s own recent online poll showed 41 percent of visitors to our web site believed online banking was not safe, while 28 percent were unsure. Only 31 percent would be happy to manage their finances online

The figures come hot on the heels of security concerns surrounding online financial services. Earlier this month Prudential's internet bank Egg confirmed it had been on the receiving end of a thwarted heist.

Barclays Bank customers also had a scare when users were able to view details of fellow account holders due to a software glitch that occurred during the bank’s upgrading of its software. The Halifax was recently forced to delay the launch of its service due to software concerns.


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