Community
Bank of Finland payment statistics 2015 out - better late than never.. (anybody seen similar figures from other countries - and better if compared to population, number of enterprises and GDP..)?
http://www.suomenpankki.fi/en/tilastot/maksuliiketilastot/Pages/taulukot.aspx
Quick picks:
- slow economy reflected in volumes
- cash on its way out
- domestic direct debit now part of e-invoicing (best model for all involved)
- e-commerce direct payments dominates totally in Finland (cards share under 7%..)
- excellent growth in e-id service (e-banking passwords re-used - familiar and trusted tool especially important for saving tax payer's money and nerves in public sector services). Growth from 56 to 69 m transactions! 12 transactions per citizen...
- 6,2 m e-banking contracts by 5,5 m citizens - 4m of these receive e-invoices
- in practise all enterprises have signed up for e-invoicing - volume up from 185 to 218m!! close to 50% now in structured form (e-mailed PDFs of course not counted as e-invoices)
World records! Or anybody challenging?
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Nkahiseng Ralepeli VP of Product: Digital Assets at Absa Bank, CIB.
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Ivan Nevzorov Head of Fintech Department at SBSB FinTech Lawyers
Kate Leaman Chief Analyst at AvaTrade
06 March
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