Fintech innovations and their role in enhancing Algeria’s GDP : e-payment as a model

Abstract EN

This study aims to show the importance of commercial banks' adoption of fintech in order to enhance financial inclusion in Algeria, by focusing on the adoption of e-payment methods to support the Algerian GDP.

we used multiple linear regression model and least squares method within Eviews program to analyze Algeria's annual financial statements from 2016 to 2021.

to ensure the robustness of our results, we adopted three different e-payment systems including the use of online payment, ATM withdrawal, and payment through e-payment terminals and then measuring their impact on the output Algeria's GDP.

the study concluded that there is a statistically significant effect of e-payment methods and the GDP.

therefore, the Algerian state had to do its utmost to promote financial inclusion and digitization by embracing all the innovations and products of financial technology.