New CPA Service Connects Algerian Businesses to Global Shoppers

The Crédit Populaire d’Algérie (CPA) has launched CPAzonepay, a new online payment solution designed to facilitate international transactions for Algerian merchants. This service enables businesses to accept online payments from abroad using Visa and Mastercard, marking a significant step in the bank's digital transformation strategy. The initiative aims to support CPA's professional clientele by offering a streamlined method for engaging with international customers.

CPAzonepay is intended to assist Algerian merchants in digitalizing their payment services and expanding their commercial activities by allowing them to market products and services to a global customer base. For customers of these merchants, the platform offers the convenience of settling purchases online with Visa or Mastercard at any time, ensuring a fluid purchasing experience and simplifying payment processing. This solution also provides simplified payment management for merchants and assures reliable, secure transactions.

The introduction of CPAzonepay underscores CPA's commitment to advancing its digital transformation and effectively contributing to the expansion of national products and services into international markets. By accepting payments from abroad, the service broadens the client base for Algerian businesses, combining local and international reach. To benefit from CPAzonepay, merchants are required to have a secure website or application with a shopping cart and terms of sale, possess an e-commerce commercial register or entrepreneur card, and maintain both Dinar and USD accounts domiciled with the CPA.