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Payments through Internet banking increased by 60%

Payments through Internet banking increased by 60%

Internet or phone payments amounted to about ALL 551 billion, marking an increase of 60% compared to 2016.

According to data from the Bank of Albania, the year 2017 also marked a significant increase in number of transactions, reaching 2.6 million, up 26% compared to 2016.

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The use of internet banking has increased for the ninth consecutive year, while about 88% of the accounts connected to the internet belong to individuals.

In our country, internet payment services use around 11% of the population, rising significantly from the 7% level compared to 2016.

News Source: ATA

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