The reality of electronic banking in Algeria

Abstract

The technological development of media and communication played a crucial andnoticeable role in the growth of the banking system. which made the bank transactionsmore rapid and effective. This led to the emergence of a new global economy distinguishedby flexibility and simplicity. Also, it helped to expand the volume of economic transactionsaround the world; turning the market into an electronic one, and making transactionsbetween countries like a small village. This latter made banks, whether public or private. Tend to provide its services on theinternet, and rely on electronic payment tools that allows customers to make variouselectronic transactions. So as to regulate this area, the Algerian Legislature developed Law No. 05-18 on electronic