Albanians "curb" home banking payments - What happened to our digital wallets in November? 10.3% fewer banking transactions
The path towards reducing cash payments is not easy, and this is also shown by the increasing and decreasing figures of transactions carried out on bank applications or websites.
According to the latest data from the Bank of Albania, the number of transactions suffered a significant decline in November. That month, about 10.3% fewer banking operations were carried out from home compared to November 2024.
On the other hand, there was a slight decrease of 10.7% in the amount of payments or transfers made through home banking. This means that a smaller number of payments or transfers via the internet also translated into smaller amounts during the month of November.
However, if we make a comparison of January-November 2025, we understand that banking transactions worth 2.4 billion lek were carried out, 2.2% more than in January-November 2024.
The services offered through home banking vary by bank. However, most of them offer a basic level of online services. They can be divided into two main categories, transactional and non-transactional functions. Transactional functions include credit card payments or loan installment repayments, transfers between personal accounts, transfers to any account, to any bank inside and outside Albania, payments of telephone bills, OSHEE and UKT, etc.
Meanwhile, non-transactional functions include checking balances and account movements, periodic payment orders, debit and credit card balances, consumer and home loans (i.e. outstanding balances, payment dates, installment amounts), details of your term deposit or opening a new deposit.
Albania-Kosovo energy market - Volumes in ALPEX reached 1.95 mln mWh. Transaction value, 270 mln euros
The volumes of energy traded on the Albanian Electricity Exchange increased during 2025, compared to the previous year. According to data processed by TV......
Is the new excise tax enough to curb smoking? - Imami: The increase is not based on inflation, measures need to be tightened
The increase in excise duty has once again increased the price of tobacco packages this year. However, despite the price increase, consumption is not......
What will be the effects of the new vineyard map? - Experts: Products are certified, EU standards are met
Albania will have a new viticultural map for the cultivation of wine grapes. The new draft law submitted for public consultation aims to strengthen local......
Businesses targeting the EU are unclear - Zekja: Financial challenge for Albanian enterprises
European integration remains the main challenge for Albania in the next four years, but at the same time a process that requires in-depth preparation,......
Prime Minister Rama in Abu Dhabi for Sustainability Week 2026
Prime Minister Edi Rama is in the United Arab Emirates to participate in the Abu Dhabi Sustainability Week 2026 (ADSW), which began on January 11th to......
"TEMU Effect" Increases International Mail in Albania - Online Shopping Leads to Record Shipments from Abroad. About 102% More than in 2024
Over the course of a year, more international postal items have arrived in Albania. According to the latest data from the Electronic and Postal......
Elbasan-Lekaj Highway / 4 tenders for the construction of the remaining 21 km are about to be opened
The Albanian Road Authority plans to open tenders for the construction of the segment from Pajova e Peqinit, to Rrogozhina, part of Corridor 8. TV SCAN has......
Albania, among the main tourist destinations/ Oxford Economics forecast: Our country, among the "greatest" on the continent
Oxford Economics predicts a significant increase in global tourism for 2026, with the US, Spain, Italy, Turkey, Greece, France, China, Albania and Germany......
