Algeria's state-owned company Inatel has obtained approval from the Groupement d'intérêt économique monétique (GIE Monétique) to install class V electronic payment terminals (TPE) in the country. This authorization opens up a new role for the company in deploying equipment for merchants. According to a statement reported by the APS, this recognition validates the competencies of Inatel's executives and technical teams.

Inatel will now be able to install and commission the terminals concerned as part of the development of electronic payment methods. The company's operations department plans to mobilize the necessary human, logistical, and technical resources to accelerate the delivery and distribution of the devices. The services will also cover their installation, commissioning, and training for merchants.

Through this activity, Inatel aims to participate in expanding access to electronic payments and their adoption by professionals. The objective is to contribute to their generalization as soon as possible while ensuring the quality of interventions and service efficiency. The company is committed to facilitating the handling of equipment and their daily use.

Inatel's approval is part of Algeria's digital transformation process. The development of a secure and reliable payment system relies on the availability of terminals, their operational installation, and user support. Inatel is based in the Tlemcen province and operates in the electronics industry and digital solutions.

The company also develops its activities internationally. In September, it concluded an agreement with the Permanent Coordination of the Strategic Committee responsible for the Kinshasa extension project in the Democratic Republic of Congo. This partnership, concluded within a consortium with PGS Africa and DABYAN, concerns a digital, industrial, and technological program related to the new "Kinshasa Kia Mona" city project.

Inatel had previously exported electronic payment terminals to Nigeria. These operations are part of its commercial development strategy on the African continent. The company, part of the public group ELEC El-Djazaïr, offers products and services to businesses, public organizations, and large infrastructures.

Inatel's move to install electronic payment terminals in Algeria is expected to boost the country's digital payment landscape. With its experience in the electronics industry and digital solutions, the company is well-positioned to support the growth of electronic payments in Algeria and beyond.

Key points

  • Inatel obtains approval to install class V electronic payment terminals in Algeria.
  • The company aims to contribute to the generalization of electronic payments in the country.
  • Inatel is expanding its activities internationally, including a recent agreement in the Democratic Republic of Congo.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.