Internet banking users in Portugal triple in 14 years

Friday 9 February 2018 | 17:46 CET | News

The number of internet banking users has tripled in Portugal over the last 14 years, according to a study from Marktest Basef Banking. About 2.72 million Portuguese use internet banking, a figure that corresponds to 31.8 percent of the residents in the mainland aged 15 years and over and 36.9 percent of those who have a bank account. 

The penetration rate of internet banking has grown since 2003, when 10.4 percent of the Portuguese reported owning/using the service. Since then, the penetration of this service has multiplied by three.

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