10 Hrs
Source:
النهار أونلاين
Algeria sees record electronic payments in 2026
The electronic payment system in Algeria experienced unprecedented growth during the first half of 2026, with transaction values reaching approximately 346 billion Dinars—a rise of 867% compared to the same period in 2025. This growth is attributed to the expanded use of electronic payment methods for settling "Adl 3" installments, Hajj fees, and purchasing Eid al-Adha sacrificial animals. Additionally, online transactions increased by 52%, totaling over 15.4 million operations. The administrative services sector also saw significant growth of over 155%, while the share of the telecommunications sector decreased from 92% to 46% since 2020. The insurance sector witnessed a remarkable rise in transactions by 1,307%, with the number of operations increasing from 40,000 to 567,000. The number of transactions via electronic payment devices (TPE) surpassed 8 million, with a value exceeding 82 billion Dinars. Transactions via QR Code reached 32 billion Dinars, and bank transfers grew by 490%. The number of merchants registered on the online payment platform exceeded 1,000, reflecting increased confidence and expanded adoption, and highlighting a significant shift in the behavior of cardholders toward digital payments across the country.
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