Selling mobile phones and switching to a top-class model with internet connectivity may be an attractive option to people who like to bank online.
New research by the Nationwide Building Society has found that accessing financial accounts via the web is now a more popular pastime than accessing Facebook, Twitter and other such sites.
It concluded that 77 per cent of Britons bank online, compared to 58 per cent who admit to using the net for social media portals.
Indeed, banking – along with shopping – came out as the most common use for the internet.
"This research has been interesting as it has bucked a few trends showing women and men have very similar online habits – online banking, shopping, looking for holidays and social media," explained Richard Searle, head of channel integration at Nationwide.
Berg Insight recently suggested that apps are another popular feature of smartphones, with a 56.6 per cent annual rise in downloads expected between 2010 and 2015.
Posted by Samantha Green
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