Study: Fearful Chinese Cut Online Banking
Cardline Global | Tuesday, June 2, 2009
Nearly28% of Chinese consumers have reduced their online banking and paymentactivities over fears that their personal information could becompromised, according to a report last month by iResearch Consulting Group.
TheBeijing research company found that 63% of consumers said they arebeing more careful about using the Internet for financial activitiesand 3% said they no longer do any banking or shopping online.
However, 18% of respondents said phishing activities and other online scams have had little impact on their financial habits. The research firm surveyed 2,328 consumers in March.
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