PHOTO
Tunis, Tunisia – MoU was signed by Moez Chakchouk, Chairman and Chief Executive Officer, Tunisian Post and Khalid Elgibali, Division President, Middle East and North Africa, Mastercard, at a ceremony held at the Social Headquarter of the Tunisian Post, under the auspices of H.E. Mohammed Anwar Maarouf, Minister of Communication Technologies and Digital Economy, Tunisia, with the presence of a number of executives representing the two institutions and members of the local media.
Building on decades of cooperation between the two organizations, the collaboration will enable the Tunisian Post to introduce innovative and safe solutions for electronic payments for the benefit of individuals and SMEs, allowing them to use financial services round-the-clock via the Tunisian Post’s electronic payment system and particularly, the prepaid e-DINAR Smart Card.
As part of the collaboration, the Tunisian Post and Mastercard will work together to facilitate greater access to digital financial services and reduce associated costs, while also enabling the Tunisian Post to contribute to a number of national projects in the field of e-government and digital management.
H.E. Mohammed Anwar Maarouf, Minister of Communication Technologies and Digital Economy, Tunisia, said: “Information technology and communication play a significant role in promoting social and economic integration by facilitating access for financial services, particularly for individuals and young entrepreneurs who are usually excluded from the formal banking ecosystem. The collaboration will help enhance their role in the economic growth of the country and promote financial education, especially among the unbanked segments of the society.”
Khalid Elgibali, Division President, Middle East and North Africa, Mastercard, said: “Mastercard is committed to driving financial inclusion across the region and understands the significance of Public-Private Partnerships-led initiatives in the integration of citizens within the formal financial system. Our collaboration with the Tunisian Post lays the framework for the launch of new electronic payment systems, which will allow individuals, governments and the economic bodies to take advantage of the many benefits of a ‘World Beyond Cash’.”
Elgibali added: “Our cooperation with the Tunisian Post through this MoU represents a new step towards achieving this goal, where we will work together to develop a Mastercard prepaid program for all government disbursements through the Tunisian Post to add 1 million new beneficiaries, including Health Reimbursement, Student Scholarship, Retirement Pension and Micro-loans.”
Moez Chakchouk, Chairman and Chief Executive Officer, Tunisian Post, said: “The Tunisian Post has adopted a strategy that relies on social and financial inclusion through the development of new digital financial services, based mainly on mobile payment technologies and programs that are in line with the needs of low-income groups. The Tunisian Post has set forth important objectives to facilitate the use and access of digital financial services by the launch of mobile application, «MobiPoste», specifically for the youth, students and SMEs and individuals who are not covered under banking services, which will further enhance our position as a leading institution dedicated to the enhancement of e-commerce and the development of digital management.”
-Ends-
About Mastercard:
Mastercard (NYSE: MA), www.Mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardMEA and @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on theMEA Engagement Bureau.
Mastercard Communications Contact
Sarah Youssef, +20 1206680178
Sarah.Youssef@mastercard.com
© Press Release 2016
