Empresa Interbancária de Serviços (EMIS), operator of Angola’s only interbank network, and MasterCard have announced a landmark partnership that will result in all Automated Teller Machines (ATMs) in the country accept MasterCard debit, credit and prepaid cards.
From today, tourists, business travellers and local citizens can withdraw the local currency, Kwanza, from more than 2,600 ATMs owned by the 23 banks in the EMIS network.
The collaboration will boost Angola’s business and leisure tourism sector by making funds more easily available to international and inter-regional visitors to the country, modernise the local payments system and increase uptake and usage of electronic payments.
“This is a significant milestone for Angola, MasterCard and EMIS,” says Charlton Goredema, Vice President and Area Business Head, Southern Africa at MasterCard. “As Angola receives more tourists and business travellers from nations with strong cultural and economic ties, like Brazil and Portugal, as well as from countries within the Southern African Development Community, it is critical that the appropriate payments channels are developed to provide more convenient, secure and reliable ways to access funds in the country.”