Algerian company INATEL (Industrie Algérienne de la Téléphonie) has obtained official approval from the Groupement d'intérêt économique monétique (GIE Monétique) to install Class V electronic payment terminals (TPE). This approval confirms the company's expertise and technical capabilities, allowing it to contribute to the development and modernization of electronic payment systems in Algeria. Inatel, a public enterprise operating in the electronic industry and digital solutions, is part of the "ELEC El-Djazaïr" group and is based in Tlemcen.
With this approval, Inatel will mobilize its human, logistical, and technical resources to accelerate the deployment and distribution of TPEs, providing delivery, installation, and commissioning services, as well as training and support for merchants. The goal is to promote the widespread use of electronic payment systems while ensuring high-quality and efficient services. This move aligns with Inatel's commitment to contributing to Algeria's digital transformation and developing a secure, reliable, and modern electronic payment system.
Inatel has extended its activities to African markets, signing an agreement with the Coordination permanente du Comité stratégique pour la supervision du projet d'extension de la ville de Kinshasa (CSSPEVK) in the Democratic Republic of Congo (DRC) in September. The agreement is part of a consortium with PGS Africa and DABYAN to implement an integrated digital, industrial, and technological program for the new city of "Kinshasa Kia Mona". This partnership aims to strengthen Inatel's presence in African markets, following its export of TPEs to Nigeria.
The company's expertise in electronic industries and digital solutions enables it to design specialized products and integrate technological solutions for enterprises, public institutions, and large infrastructures. Inatel's expansion into African markets demonstrates its capabilities and commitment to growth. The company's approval to install Class V TPEs is expected to enhance its contribution to Algeria's digital economy.
Inatel's activities are aligned with the Algerian government's efforts to promote digital transformation and modernize payment systems. The company's focus on providing high-quality services and support to merchants is expected to drive the adoption of electronic payment systems in Algeria. This, in turn, is likely to enhance financial inclusion and efficiency in the country's economy.
The GIE Monétique's approval of Inatel's application highlights the company's technical capabilities and expertise in electronic payment systems. This approval also underscores the importance of collaboration between public and private sector entities to drive digital transformation and modernization in Algeria. Inatel's growth and expansion are expected to contribute to the country's economic development.
Inatel's future plans include accelerating the deployment of TPEs and expanding its presence in African markets. The company's commitment to providing high-quality services and support to merchants is expected to drive growth and adoption of electronic payment systems. With its approval to install Class V TPEs, Inatel is well-positioned to play a significant role in Algeria's digital economy.
Key points
- Inatel obtains approval to install Class V electronic payment terminals in Algeria.
- The company aims to contribute to the country's digital transformation and modernization of payment systems.
- Inatel expands its presence in African markets with partnerships in the Democratic Republic of Congo and Nigeria.
