Israeli governments online payment service at high demand

Friday 28 February 2014 08:22 CET | News

Israeli Ministry of Finance has informed that growth in the use of the government’s online payment service was recorded for 2013.

For the year under review, the government’s online payment service reached USD 6.8 billion (ILS 24 billion) in contrast with USD 5.4 billion (ILS 19 billion) recorded for 2012. The 28% increase figure for 2013 also includes the number of online transactions which encompasses more than USD 1.1 million (ILS 4 million).

For the first half of 2010, according to the research conducted for MasterCard by international data communications company Transaction Network Services, 67% of Israeli credit card holders have used their cards to make online purchases.

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Keywords: Israel, government online payments, online transactions, credit card holders
Categories: Payments & Commerce
Countries: World
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