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e-invoicing - natural part of payment services

Banks in Finland had signed up 217 000 enterprises for sending e-invoices - and 234 000 for receiving at the end of 2014. Corresponding potential for EU: 15,7 and 16,8 million. 

3,9 million consumers were signed up for receiving e-invoices. Corresponding EU-potential 280,8 million. 

The number of e-banking contracts exceeds the population in Finland - due to many customers using (paying for the service) in several banks. So it is not possible to get a meaningful figure of e-invoicing penetration in e-banking - but of course it is heading for 100%.


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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

Member since

04 Nov 2008


Helsinki Region

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This post is from a series of posts in the group:

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

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