09.12.2020
Tiina Soosalu Eesti Pank Payment and Settlement Systems Department

The study on the payment attitudes of consumers in the euro area* shows that although cash is the most common means of payment in the euro area, there is stable growth in the use of card payments and other non... more

02.12.2020

People and companies in Estonia can make suggestions until the middle of January for how a digital euro could be used in the future and what solutions could be used for introducing a digital euro.

“A lot of financial technology companies have emerged in Estonia, and our companies would... more

19.11.2020

The three settlement services of the European System of Central Banks, TARGET2, TIPS and T2S, were brought together in 2018 under the single name TARGET Services. TARGET services are the financial infrastructure services developed and managed by the Eurosystem that allow pan-European money and... more

22.10.2020
Tiina Soosalu Eesti Pank Payment and Settlement Systems Department
  • Card payments by residents and businesses in Estonia were down by one third over the year in April while turnover fell at the same time by only about a quarter, showing that people were making fewer... more
09.10.2020

The Estonian Payment Forum held at Eesti Pank this week agreed that although the design of the Estonian digital state is good, businesses and traders could make more use of digital solutions for payments than they have so far.

The central point on the agenda of the forum was how to... more

24.09.2020
Tiina Soosalu Eesti Pank Payment and Settlement Systems Department

Estonian companies and residents made an average of 462,000 payments a day in August, and 90% of them reached the payee in just a few seconds. All payments made in Estonia within one bank and 61% of interbank... more

21.07.2020
 

The payment statistics for July 2020 will be published on 24 August 2020 at 08.00. See also the release calendar   
A statistical release on the payment statistics for the third quarter will be published on 22 October 2020 at 08.00.

Background

Eesti Pank publishes... more

15.07.2020
Tiina Soosalu Eesti Pank Payment and Settlement Systems Department

The banks raised the limit on contactless payments from 25 euros to 50 euros at the end of March to reduce contact with terminals during the emergency situation and so help restrain the spread of the virus. In... more

04.06.2020
Tiina Soosalu Eesti Pank Payment and Settlement Systems Department

The emergency situation left clear traces in how residents of Estonia behave when making purchases and handling cash. As the emergency measures eased, normal life started to return a little in May, though the... more

28.05.2020
  • is involved in setting up and managing the payment and settlement systems of the ESCB
  • meets the liabilities that result from managing Eesti Pank’s financial assets and the Eurosystem’s monetary policy operations
  • manages and settles collateral assets submitted to Eesti... more
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