Latest on E- & M-Banking volumes in Finland

Central Bank statistics reveal continued growth in both banking contracts and its use for e-invoicing

Consumers signed up:

2015: 6,230 million (entire population is 5,5  - so many are paying for service in more than one bank). 4,0 million use e-invoicing. Easy and convenient as mobile ad hoc or direct debit-like authorization is included.

2016: 6,427m - out of which 4,1m use e-invoicing.

2017: 6,647m - out of which 4,3m use e-invoicing.

Banks have signed up in practice ALL active enterprise customers for sending and receiving e-invoices. 

Contracts for sending/receiving:

2014: 207/234 hundred thousand 

2015: 254/236

2016: 263/248

2017: 235/261

The e-invoicing volumes (including the non-bank operators is estimated by the Central Bank to:

Number of structured e-invoices acquired (PDFs not included)/number delivered in structured form (not printed or e-mailed)

2015: 220/160 million

2016: 300/190m

2017: 330/220m (this estimate appears very low...)

The total number of invoices is estimated to around 500m/year.