Home Blog Mobile payments, transfers, bank cards: Algeria’s transition to digital payments

Mobile payments, transfers, bank cards: Algeria’s transition to digital payments

by telavivtribune.com
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In this episode of Algeria Tomorrow, we explore Algeria’s gradual transition from cash to digital payments.

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Algeria is gradually adopting a digital payment system. The country recorded a 71% increase in digital financial transactions during the first quarter of 2024.

The government is working to modernize the financial infrastructure with the aim of improving efficiency and transparency. However, concerns over data security and public trust remain key.

The evolution of the payments landscape in Algeria represents an important step in the transition towards a more connected and dematerialized economy.

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