What percentage of internet users in Brazil use their devices for online banking

Online Banking in Brazil: A Growing Trend

A person using a smartphone for online banking in Brazil

Online banking has become increasingly popular in recent years, and Brazil is no exception. With a large and growing population of internet users, many Brazilians are turning to their devices to manage their finances. But just how many people are using online banking in Brazil?

According to a 2022 study by Statista, 58.7% of internet users in Brazil used their devices for online banking in 2021. This number is expected to grow to 62.5% by 2025. This means that a significant portion of the Brazilian population is already using online banking, and this trend is likely to continue in the years to come.

Reasons for the Popularity of Online Banking in Brazil

There are several reasons for the popularity of online banking in Brazil. First, it is a convenient and easy way to manage your finances. You can access your accounts and make transactions from anywhere with an internet connection. Second, online banking is often cheaper than traditional banking. Many banks offer free or low-cost online banking services. Third, online banking is more secure than ever before. Banks use a variety of security measures to protect your information.

Things to Keep in Mind When Using Online Banking in Brazil

If you are considering using online banking in Brazil, there are a few things to keep in mind. First, make sure you choose a reputable bank with a strong security record. Second, be careful about the information you share online. Third, keep your software up to date to protect yourself from malware and other threats.

Conclusion

Online banking is becoming increasingly popular in Brazil, and it is likely to continue to grow in the years to come. If you are considering using online banking, there are a few things to keep in mind to ensure your safety and security.

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