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Tunisian Post Office partners with Swiss cryptofinance firm Monetas to revamp remittances

Milcah Lukhanyu by Milcah Lukhanyu
5 years ago
in Business, Startups
3 min read
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Tunisian Post Office, La Poste Tunisienne has partnered with Swiss cryptofinance firm Monetas and Tunisian blockchain technology startup DigitUs in a move that will see it offer nationwide access to instant, secure, and affordable merchant payments, remittances, and more.

The deal will see the La Poste Tunisienne app powered by Monetas to make instant mobile money transfers, pay for goods and services online and in person, send remittances, pay bills, manage official government identification documents, and more.

In a statement, Monetas Founder and CEO Johann Gevers said, “We are delighted to be working in partnership with the Tunisian Government, National Post, and DigitUs to increase financial inclusion with an open mobile money platform that is able to operate across mobile networks. This is an important first step towards a freer and more prosperous world.”

Founded in 2012 in Switzerland, Monetas is developing technologies that empower people to live and do business with greater freedom than ever before, enabling a world of unprecedented prosperity. The platform uses a secure digital notary to enable financial and legal transactions, public or private, worldwide using all types of financial instruments, including all national and digital currencies, using only a smartphone.

La Poste Tunisienne will strictly control the issuance and circulation of the eDinar in order to prevent it from being used for illegal transactions.

READ  Kenya's Bitsoko Wants to Take Bitcoins Mainstream

La Poste Tunisienne CEO M. Moez Chakchouk said, “At La Poste we are on a transformation journey to modernize our services with innovative technologies and power the digital economy. Digital, Mobile, and Internet, are all key components in this transformation. Monetas and Digitus help us to bring these ingredients to the table.”

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Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

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