Banks surveyed by website Elsalvador.com confirms the trend.
El Banco Agrícola currently serves about 150 thousand customers with their online banking service.
In case of Citibank, Consumer Product director, José Eduardo Luna, noted that 30% of transactions performed by individuals are done through online banking.
"The experts believe that online banking has been driven by factors such as technological advancement, cheap equipment and the benefits of saving time and resources," the article says.
Source: elsalvador.com
More on this topic
October 2010
Payments for credit card and services as well as foreign exchange lead user preferences.
Since the service began, growth has been constant; currently more than 130,000 daily operations are performed.
"According to Carlos Melegatti, deputy manager of the Central Bank of Costa Rica, transfers of funds to third parties will soon reach five million annually," reported Nacion.com.
July 2011
In recent years, electronic transfers have been growing at a rapid pace.
Bank managers agree that the use of electronic banking operations reduces transaction costs, being this the main reason for its growth.
Luis Lara, manager of the Banco Industrial (BI) told Prensalibre.com that the institution expects amount of electronic transactions made by the end of 2011 to exceed those of 2010 when they totaled $1,377 million.
February 2009
Users continue to prefer traditional operations; bankers maintain that in a short time frame, this tendency will revert itself.
Sigloxxi.com publishes an article in its website: "Among the hundred of the most visited places on the internet, and in just half of the count, only three banks are placed: G&T Continental (46), Industrial (51) and Banrural (60).
August 2010
Costa Rica's Banco Improsa is promoting use of its web platform for Internet transactions and is offering a preferential exchange rate.
A US Dollar exchange rate that beats the market average for over the counter transactions, is the inducement to get Banco Improsa's customers to carry out their banking operations online using the companies recently upgraded ImproBank 4.o web platform.
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