Nordea clocks up three million e-banking customers

Scandinavian banking group has passed the three million milestone for its e-banking customer subscription base, and aims to raise their numbers to 3.3 million by the end of this year.

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Nordea clocks up three million e-banking customers

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With its three million net-banking customers, Nordea now ranks on a par with the two leading American banks, Bank of America and Wells Fargo.

Bo Harald, head of electronic banking, comments: "Currently, the number of log-ons is almost nine million and the number of invoices paid over 10 million each month, more than anywhere else in the world. We estimate that Nordea's customers will pay 120 million invoices via the Internet this year and the number of log-ons will exceed 100 million."

Nordea says almost 100,000 people use the banking group's mobile services in Finland, Sweden, Norway, Estonia, Latvia and Poland. Finnish customers can also use Nordea's WAP services with GPRS phones. The number of log-ons to Nordea's mobile services is around 300,000 per month including account enquiries by SMS messages.

"The use of mobile phones for banking and other financial transactions will probably increase both in the Nordic countries and globally within the next few years," predicts Harald. "Mobile payments will gain popularity as the phones and services become cheaper and more user-friendly," he says.

Nordea says total e-business customers now number 2000, with close to 700 merchants present on Nordea's pan-Nordic electronic marketplace, Solo Market.

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