Algeria Post Sets Minimum Payment for BaridPay at 100 DA
Algeria Post, the national postal service, has announced a new minimum payment threshold for transactions made using its BaridPay service. This mobile payment solution, accessed through the BaridiMob application, offers a convenient way for customers to make purchases by scanning a QR code, contributing to the growth of digital payments in the African market. This initiative highlights the ongoing efforts to modernize financial transactions in Algeria and provide more accessible payment options for citizens.
Understanding the BaridPay Minimum
The minimum payment amount for transactions via BaridPay is set at 100 Algerian Dinars (DA). This detail was communicated via a post on Algeria Post’s official “X” account. The BaridPay system leverages QR code technology, allowing funds to be transferred directly from a customer’s account to a merchant’s account. This eliminates the need for physical cash or bank cards, streamlining the payment process. Customers simply scan the unique QR code displayed at the point of sale using their BaridiMob app. To utilize BaridPay as a merchant, a commercial CCP (postal checking account) is required, along with an active mobile phone number for receiving transaction notifications. The merchant must also have their phone readily available to verify each transaction. This facilitates secure and efficient payments, essential for the development of a robust digital economy within Algeria.
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