electronic cash payments – Albanian  Telegraphic  Agency. https://en.ata.gov.al News Agency Tue, 19 Oct 2021 15:44:33 +0000 en-US hourly 1 Electronic cash payments estimated at 2.95 million ALL at end of 6-month period of 2021 https://en.ata.gov.al/2021/10/19/electronic-cash-payments-estimated-at-2-95-million-all-at-end-of-6-month-period-of-2021/ https://en.ata.gov.al/2021/10/19/electronic-cash-payments-estimated-at-2-95-million-all-at-end-of-6-month-period-of-2021/#respond Tue, 19 Oct 2021 15:44:33 +0000 http://en.ata.gov.al/?p=163887 TIRANA, Oct 19 /ATA- The total number of electronic cash payments at the end of the first 6 months of 2021, reached 2.95 million, the Bank of Albania-BoA reported on Tuesday.

According to the BoA, this figure represents 78% of the number of transactions carried out throughout 2020.

The data show that, in addition to the number, the amount of electronic money transactions has increased, which in the first 6 months of the year accounted for 1.26 billion ALL per month, from 899 million ALL of the monthly average in 2020.

Bank of Albania announced that, the increase in the use of electronic cash payments is moving in parallel with a rapid expansion of the technological infrastructure they use, investments which are being made by commercial banks in the country. //a.i/

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