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Would You Do Your Banking in Facebook or Myspace?

Would You Do Your Banking in Facebook or Myspace?

Author: Sol Nasisi on May 7, 2008 - modified on October 12, 2018

According to an unscientific poll done by NetBanker, 13% of users said they would be interested in doing their banking from within Facebook. Would you?

According to an unscientific poll done by NetBanker, 13% of users said they would be interested in doing their banking from within Facebook.

You can look at the response two ways. 87% of people said they wouldn't do their banking and that's a pretty resounding majority. Of course, 13% said they would consider it and they may represent the early adopters.

It might catch on someday but I don't see it ever becoming the majority of onine bank transactions. Just as banks have put branches in malls and supermarkets, they would should look to place "online branches" where their customers are.

Could you ever see yourself banking from within Facebook or Myspace?

Sol Nasisi: Sol Nasisi is the co-founder and a past president of BestCashCow, an online resource for comprehensive bank rate information. In this capacity, he closely followed rate trends for all savings-related and loan products and the impact of rate fluctuations on the economy. He specifically focused on how rates impact consumers' ability to borrow and save. He also has authored a wee

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Comments

Sam Cass

May 07, 2008

I wouldn't. I don't use those types of sites.

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ktexas

May 07, 2008

I wouldn't either. But I might use one here at BestCashCow :-)

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