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Algerian popular loan
The Algerian Popular Credit Union announced the launch of a new electronic payment service that allows Algerian merchants and institutions to accept payments via international bank cards “Visa” and “MasterCard” issued by foreign banks, through their websites, according to a statement from the bank.
The bank explained that the new service, called “CPAzonepay,” targets its customers who are merchants and institutions active in the field of e-commerce, and falls within its efforts to enhance digital transformation and accompany professional dealers, allowing them to expand their activity towards international markets.
The categories concerned with this service include institutions operating in the tourism, hotel and air transport sectors, small and medium-sized exporting enterprises, in addition to the health, communications, education and distance training sectors, as well as traditional industry and crafts.
This mechanism allows approved merchants to facilitate transactions remotely and receive electronic payments from abroad, which contributes to expanding their customer base and simplifying the management of payment operations, while ensuring the reliability and security of transactions, according to the same source.
The Algerian Popular Credit reiterated its commitment to continue implementing the digital transformation strategy it launched, and to contribute to promoting national services and products and enhancing its presence in global markets.
