With the availability of 24/7 banking options, 80% of households in the United States are choosing to complete most, if not all, of their banking needs online on a banking domain. Consumers are no longer making a special trip to the bank to complete transactions, because the convenience of an online banking domain allows them to bank on their own time. Advancements of online banking services not only allow customers to manage checking and savings accounts, but they have the opportunity to make transfers between accounts, pay bills, and much more from the comfort of their homes.
This shift towards online banking has opened up opportunities for additional revenue and savings for your banking business. By investing in a banking domain, you will give your customers much more flexibility. Additionally, providing the option to carry out transactions online could cut down on staffing costs within the physical location. If your banking business does not have banking domain, now is the time to secure one and expend your offerings.
While many consumers take advantage of online banking opportunities, mobile apps have also become increasingly popular. With 57% of smartphone owners utilizing banking applications on their mobile devices on the go, they have the convenience of the bank at their fingertips at all times!
The new trend of growing mobile applications lends to 250% more visits to banking domains from customers each month. While customers will visit a financial domain an average of 7-8 times a month, a customer that downloads the mobile application will visit 28-30 times a month, a significant increase in traffic.
Today, customers expect just about all financial resources to be available to them online. In recent studies, 52% of participants suggested that they would switch from their current financial institution if another one offered a better online financial domain experience. This creates tremendous potential for financial businesses online that offer an all-inclusive experience on their banking domain.
Online financial management options allow customers to stay in control of their finances and empower them to remain interested in more information. With the convenience of online banking and financial management services, consumers expect further online offerings, creating the perfect opportunity to invest in a new banking domain name today.