Ingenico Has Been Retained For The Generalisation of The Electronic Card System. Pago Electrónico :: e-Payment

Ingenico Has Been Retained For The Generalisation of The Electronic Card System


Fecha Martes, mayo 20 @ 08:42:55
Tema Pago Electrónico :: e-Payment


Société d'Automatisation des Transactions Interbancaires et Monétique (Company for the automate of interbank transactions and credit card applications) which groups more than eight of the principle Algerian banks, has entrusted to IDS Consulting, the Consulting division of Ingenico, the project of assistance in the implementation of a complete interbanking credit card application solution and the launching of a national payment card.
In Algeria today, the banking card is little spread and is primarily used to withdraw money from ATMs (Automatic Teller Machines). The project of credit card application generalisation is the integral part of the financial reforms carried out by the Finance Minister, aiming in particular at modernising the payment instruments. It will allow for the gradual replacement of the massive use of fiduciary currency by the representative money.

This project marks an important stage for the Algerian Banks who wish to bring to their cardholder customers and to the merchants a diversified product and service offer based on the new technologies such as the smart card, the installation of electronic payment terminals at the merchants, the development of a network for ATMs. SATIM, who is responsible for this project, has been designated as the interlocutor for the banking community for the development of the Algerian interbanking credit card system.

The importance and complexity of this project led SATIM to call upon an external company for assistance. At the issue of the process for an International call to tender, IDS Consulting, was retained to assist SATIM in the implementation of this project. This assistance goes from the definition of the functional specifications to the organisation of a pilot passing by the phases of needs analysis, technical diagnosis, definition of organisations, receipt, project piloting and the change accompaniment.

The financing of the contract is operated by the sharleholding banks of SATIM for an amount of over 400.000 Euro and a period of 12 months validity.

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