MasterCard has inked a Memorandum of Understanding (MoU) with Tunisia Post to develop and launch new digital financial services and promote the innovative adoption of electronic payments in the country. Both entities are striving to bring financial inclusion into the Tunisian economy through digital payments services.
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.
MasterCard says it 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’.
The Tunisian Post notes 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.
The Tunisian Post has set forth important objectives to facilitate the use and access of digital financial services by the launch of mobile application, MobiPost, 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.