The National Enterprise for Electronic Industries and Technologies (INATEL) in Algeria has obtained approval from the Economic Interest Grouping for Monetary Transactions (GIE Monétique) to install electronic payment terminals (TPE) of class V. This development allows INATEL to expand its presence in the market and provide services related to the delivery, installation, and commissioning of equipment. The company will also offer training and support to merchants in using the terminals.
INATEL's approval is a testament to the expertise of its technical teams and staff. The company aims to accelerate the deployment of TPEs across the national market, contributing to the generalization of electronic payments. INATEL's strategy aligns with Algeria's digital transformation goals, focusing on creating a secure and reliable electronic payment ecosystem. The company is committed to ensuring the quality and efficiency of its services.
As a subsidiary of the "Elec El Djazaïr" group, INATEL is a public enterprise specializing in electronic industries and digital solutions. Based in Tlemcen, Algeria, the company designs specialized products and integrates technological solutions for businesses, public organizations, and large infrastructures. INATEL relies on national expertise to drive its activities and expansion plans.
INATEL is pursuing its international expansion, particularly in Africa. In September, the company signed an agreement with the Permanent Coordination of the Strategic Supervision Commission for the Kinshasa Extension Project (CSSPEVK) in the Democratic Republic of Congo. This partnership involves a consortium of INATEL, PGS Africa, and DABYAN, focusing on a comprehensive program in digital, industrial, and technological domains for the new "Kinshasa Kia Mona" city project.
The agreement with CSSPEVK is part of INATEL's efforts to consolidate its presence in African markets. The company had previously exported electronic payment terminals to Nigeria, marking its entry into international markets. INATEL's expansion strategy aims to leverage its expertise and experience in the electronic industries sector.
INATEL's activities are aligned with Algeria's national strategy to promote digital transformation and modernize payment systems. The company's growth and expansion plans are expected to contribute to the country's economic development and financial inclusion goals. INATEL's focus on quality and efficiency will be crucial in driving its success in the market.
With its new approval and international partnerships, INATEL is poised to play a significant role in shaping Algeria's electronic payment landscape. The company's commitment to innovation and customer support will be essential in driving adoption and growth in the market. INATEL's progress reflects the country's efforts to develop its digital infrastructure and promote financial inclusion.
Key points
- INATEL obtains GIE Monétique approval for class V electronic payment terminals
- The company aims to accelerate TPE deployment and promote electronic payments
- INATEL expands its presence in African markets through partnerships and exports
