Australians wary of paying bills by mobile

cent/

16 July 2008
| By Benjamin Levy |

At least 78 per cent of Australian adults would not use a personal digital assistant (PDA) or mobile phone to pay bills or shop online, according to research released by Unisys Security Index today.

Unisys looked at the attitudes of Australians towards using mobile phones to pay bills on the run.

“Payments and transactions via mobile devices are an emerging innovation in service delivery,” said Jane Evans, security spokesman for Unisys Asia Pacific.

“What these results show is that Australians want greater assurance that mobile transactions are secure — and this is not surprising in light of the increasing concern about financial security expressed in the May 2008 Unisys Security Index.”

At least half of all Australians surveyed believe that transactions on mobile devices and PDAs were not very secure or not at all secure.

In terms of what transactions can be made on a mobile or PDA, over 50 per cent of Australians believe that banks provide the best security compared to online retailers.

“There is bound to be a settling in period during which people become more familiar and consequently, more confident in the transaction’s security and convenience,” said Evans.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND