HomeNewsUTICA/CBF: It is imperative to develop electronic payment system 

UTICA/CBF: It is imperative to develop electronic payment system 

The urgent need to develop and democratize the electronic payment system was the focus of a recent working session between Samir Majoul, President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA), and Néji Ghandri, President of the Banking and Financial Council (CBF). 

During the meeting held at the UTICA headquarters, attended by members of the executive bureau of the employers’ organization and representatives of the CBF, emphasis was placed on the necessity of offering citizens affordable banking cards that provide ease of payment. 

Discussing the “TuniChèque” platform, participants deemed it essential to resolve issues hindering the platform’s smooth operation and to organize informational sessions on its use.

In this context, the presidents of UTICA and CBF highlighted the importance of the success of this new platform, calling for a reduction in cash usage, which only fuels the informal economy. 

On another note, the two parties discussed ways to restructure companies classified by banks, in light of the results of the legal revaluation of their real estate and movable assets.

This aims to facilitate their access to financing and enable them to fully play their economic and social roles. 

Additionally, they stressed the imperative of supporting small and medium-sized enterprises (SMEs) in overcoming obstacles to their sustainability, bolstering the export sector, diversifying national revenue sources, and improving the trade balance as well as the balance of payments.

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