On Thursday, February 8, 2018,  the Ministry of Finance and Budget (represented by Mr. Attali Mopaya, Telecommunication tax and digital economy Adviser) and the Ministry of Post, Telecommunication and Digital Economy  (represented by Mr.  Henri Yandza Mouele, Reform Adviser)  co-held a meeting in Brazzaville for the introduction  and exchange on the future payment system .

The presentation was intended for  the bank,  finance  and digital economy sectors actors and made by CEO Martin Grunewald and a  business development  specialist, Cookie Guy Rene Mbuya, two experts from the South-African BankServAfrica specialized in electronic payments.

It was an opportunity for the participants to get knowledge  on the connection  of  traditional payment  means (payment with a card, payment in real time, mobile transaction payment , cross-border payment...) and innovative ones (block chain, without any contact, biometric...)

The future payment system provides the interconnection of all payment systems. The following are concerned:  banks and financial institutions , mobile phone companies, money transfer  companies  and any other  company  which suggests a means of payment. In other words, it will be about to achieve all services interoperability and  levelling. One of the feature of the  future payment system  will also be the speed of transactions. This will  enable to  reduce the payment cost as compared to the traditional system.

To this end, Congo will have not only to  set the objectives  of the process of modernization of the payment system, but also to set the criteria  so as to adapt to  change.

Yet, the new payment system  must not make us overlook  the need to have foolproof  devices so that it develops in Congo.

 Press department of the  Ministry  of Finance