Egg fails to crack TV

Poor customer take-up forces digital TV banking service to shut down

Written by Dinah Greek

Online bank Egg is to close its digital TV banking service after failing to capture its target audience.

But just 1,300 of Egg's 3.2 million customers made use of the service, which was launched in December 2000 and accessible via Sky TV.

Using a special keyboard or their TV remote control Egg customers could request information via their digital set-top box, with data sent to Egg in encrypted XML format using the internet data transfer standard, HTTP.

"It sounds like one of those great ideas but people don't use it," a spokeswoman for Egg told vnunet.com.

"We have found they like to keep their leisure activities and business activities quite separate."

The service will close on 15 April. Egg has emailed all of its customers informing them of the decision.

Tags:

Further reading

Related articles

Virgin Media loses 3,000 customer bank details

Employee 'being dealt with'   More...

Mobile payments to ring up $11bn by 2011

Analyst predicts 52 million consumers paying for goods via mobile technology   More...

Online pharmacies can seriously damage health

Unsecured sites risking wallets as well as health   More...

Spammers trash anti-money laundering site

With a little help from the hosting company   More...

Do you agree?

Advertisement

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Watch

04 Jul 2008

5.51 MBPodcast Special: Views from the Valley More...

03 Jul 2008

3.46 MBGreen grid computing, Trojans stop play and location-based services More...

02 Jul 2008

3.2 MBOnline TV, SME security and flexible laptops More...

Poll

EUROPEAN E-COMMERCE

EUROPEAN E-COMMERCE

Are you happy making an online purchase from another European country?

Previous poll results

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Spotlight

Online pornography

US rebate cheques spent on porn

Economic stimulus package works wonders   More...

Louis Vuitton

UK online fake goods market worth £800m

Legal experts warn of dramatic rise in 'e-fencing'   More...

Advertisement

Fibre-optics

New fibre-optic connections overtake cable

Broadband first-timers choosing fibre where possible   More...

Stars and Stripes

Cyber-crooks celebrate Independence Day

Security firms warn users to take extra care   More...

Advertisement