Bangkok, November 13, 2020 – dzcard, the largest smart cards manufacturer in South-East Asia, has obtained the GIM certification from GIM-UEMOA, the Interbank Electronic Banking Group of the Economic and Monetary Union of West Africa. This new collaboration is part of an effort to increase the development of electronic payment systems across the West African region.
The GIM certification will allow dzcard to help modernise the payment systems and drive financial inclusion in West Africa. This certification covers eight countries at the moment, including Senegal, Benin, Burkina Faso, Guinea-Bissau, Cote d’Ivoire, Mali, Niger and Togo.
GIM-UEMOA understands that for financial inclusion to be a success payment systems needs to adopt the latest technologies and standards. With its focus on driving payment innovation in Africa, dzcard is dedicated to helping GIM-UEMOA meet its payment systems modernisation and financial inclusion goals.
Alexander Afreedi, Managing Director of dzcard Africa, said, “This certification is part of our global commitment in helping to deliver financial services to millions of people in West Africa”. “Thanks to this GIM-UEMOA certification, the region’s banking group association of Monetary Union for West Africa, dzcard is dedicated to boost and enhance the use of electronic payment systems in the region,” he added.
“dzcard presence in Africa date back to 2015 when we built a factory in Tanzania. Since then, dzcard has played an active role in the development of banking services on the continent. Today, this endorsement by the GIM-UEMOA demonstrates our longterm commitment in Africa,” concluded Alexander Afreedi.
“The GIM-UEMOA Network allows cardholders issued by the Members to withdraw money with a very low cost and pay at shops displaying the GIM-UEMOA logo. With the GIM-UEMOA certification, dzcard banking cards will now help to improve financial inclusion in the region, which is critical in achieving inclusive economic growth across West Africa and ultimately across Africa.”
dzcard is the leading smart cards manufacturer in South-East Asia and Africa. dzcard is securing everyday lives in a connected world.
dzcard aims to provide solutions to the increasingly complex and fragmented digital lives by securing transactions, protecting identities and ensuring connections. It is empowering payment, fintech’s, telecom and governmental institutions with trustworthy product & solutions.
dzcard is a fully integrated company and offer an entire range of products, cards, packaging, personalisation, digital solutions and encrypted authentication.
The company has more than 1,000 collaborators, operations in 3 continents. With 2 factories and 5 scheme certified personalisation centres, dzcard is delivering its solutions to clients all around the globe.
dzcard media contact:
+66 2 705 1939
The GIM-UEMOA* is a regional organization established in 2003 by the Central Bank of West African States (BCEAO) and the Banking Community. As an interbank, non-profit organization, GIM-UEMOA brings together a series of banks spread over Senegal, Guinea-Bissau, Mali, Burkina Faso, Niger, Cote d'Ivoire, Togo, and Benin. The goal of the group is to promote the use of bank cards in West Africa.
It has 110 members who are banks, postal and financial institutions. The GIM-UEMOA manages electronic payments (electronic banking) and provides processing and clearing interbank to more than 100 members already interconnected to the platform.
*GIM-UEMOA is an abreviation for Groupement Interbancaire Monétique de I’Union Economique et Monétaire Ouest Africaine or Interbank Electronic Banking Group of the Economic and Monetary Union of West Africa
For more information, visit www.gim-uemoa.org