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'SAMENA Daily' - News

ABEF launches e-payment in Algeria

The Association of Banks and Financial Institutions (ABEF) has launched an e-payment service in Algeria, reports APS. Many companies and institutions started opening e-payment services on 4 October, including Algerie Telecom, Mobilis, Air Algerie, Algiers' company for Water and Sewerage (SEAAL), Djezzy, Oeredoo and Amana Assurances. Eleven banks will provide their customers with e-payment service. The introduction of the online payment systems is expected to reduce the reliance on cash payments and speed up payment collections for many standard services.



Source: http://www.telecompaper.com/news/abef-launches-e-payment-in-algeria--1165523

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