Algiers – The Local Development Bank (BDL) has reported a significant increase in electronic payment transactions, recording over seven million operations in the first ten months of 2025.
This surge underscores the growing adoption of electronic banking services among Algerian consumers, driven by a desire to reduce reliance on physical currency. The BDL, a prominent public bank, released these figures as part of its latest performance report.
The data reveals a clear shift in consumer behavior, with more individuals and businesses opting for digital payment methods for everyday transactions. This trend aligns with the government’s broader initiative to promote financial inclusion and modernize the country’s financial infrastructure.
“We are witnessing a substantial increase in the use of electronic payment systems,” a BDL spokesperson stated. “This reflects a growing confidence in the security and convenience of digital banking services. The BDL is committed to further enhancing its electronic payment infrastructure to meet the evolving needs of our customers.”
The increase in electronic payments is expected to contribute to greater efficiency in the economy, reduce transaction costs, and improve transparency. The BDL is actively investing in technologies and partnerships to support the continued growth of electronic commerce and digital banking in Algeria. The bank anticipates further growth in electronic transactions in the coming months, fueled by ongoing awareness campaigns and the expansion of digital payment options.
The BDL’s report highlights the positive impact of government policies aimed at encouraging the use of electronic payment systems. These policies include incentives for businesses to adopt digital payment solutions and public awareness campaigns to educate consumers about the benefits of electronic banking.
