Presently, Finland holds the record with respect to the number of users of on-line banking services. Almost every Finnish bank offers a service of invoice payments through the Internet. In fact, a customer of a bank can do almost everything on-line that can be done through more traditional service channels. This includes, inter alia, making deposits, applying for a loan, transferring funds between accounts or giving commissions on stock purchase.
However, development in electronic banking services is fast. Wired banking is going wireless. The largest bank in Finland, Merita-Nordbanken, released recently as a first bank in the world its mobile banking service system based on WAP application.
