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Number of credit card payments in Albania 2008-2018
penetration of credit cards among people aged 25 and older was equal to approximately 28 percent in 2016. However, a relatively high penetration (in the context of the region) was also observed in two of the non-EU economies of the region: Russia and Ukraine. Some other countries are still lagging behind, for example Romania, with credit card penetration among 25 year-olds and older amounted to 12 percent as of 2016.
In 2018, the transaction volume of credit card payments in Albania nearly reached two million, a value that was nearly double the amount of payments reached in 2015. For many markets in Central and Eastern Europe, the regulatory and financial support afforded by the European Union membership provided strong potential for sustained growth in the credit card market. For example, for Czechia, the