Web users want biometric security

More than 25% of the UK population is in favour of digital payment systems that use eye or fingerprint recognition, according to...

More than 25% of the UK population is in favour of digital payment systems that use eye or fingerprint recognition, according to the latest Egg/Mori survey on attitudes to new technology.

According to Egg and Mori, 5.5 million Britons now bank online - a six-month increase of 37.5%. Of the 2,000 people surveyed, 27% said they would happily swap their wallets for digital payment systems.

"The extent to which many people are receptive to new technologies of the future is extremely interesting," said Robert Worcester, chairman of Mori. "One quarter of the general public - and four in 10 of those under 35 years old - say they would like to see technology that establishes who people are and how much money they have with iris or fingerprint recognition, meaning that one would never have to carry a wallet again."

The survey also found that 46% of respondents have either bought or serviced a financial product over the Internet, compared to 34% in August. The three most popular financial products to be arranged over the Internet were insurance, credit cards and savings accounts.

In addition, 37% of people said they would be interested in using a single Internet site which enabled them to choose and compare financial products from a range of suppliers.

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