Monetas payment platform signed an agreement with the State Post of Tunisia. The company will help The Post to develop an electronic payment system in the country.

Both Monetas and the Post of Tunisia published the news about the agreement via their Twitter accounts.

“Monetas goes live in first country: The first major step in the implementation of an ambitious vision,” wrote Monetas CEO Johann Gevers.

According to the statements, Monetas will help the Tunisian Post to develop the project named E-Dinar. In its current version the project allows the Tunisians to buy pre-paid cards branded as “Smart” and “Universal”. The project claims to already have 600,000 customers in the country.

With this card, Tunisians who do not have access to credit cards or other advanced banking products will be able to buy things on the Internet and pay for postal services.

Interestingly, The Post has not disclosed the details of the agreement and avoided any mention of bitcoin or blockchain technology in the official release.

In its turn, Monetas highlights that implementation of the bitcoin or blockchain technology in the country in the nearest future is hardly possible.

“The Monetas platform offers a future proof architecture which could enable La Poste Tunisienne to one day connect to open standard distributed ledger systems such as the bitcoin blockchain. However there are no plans today to move in that direction yet,” said representative of the company to the International Business Times.

Monetas call itself “an advanced crypto-transaction technology that uses a cryptographically secured digital notary to enable all kinds of financial and legal transactions, public or private, worldwide.” Tunis is the first country to collaborate on the project with Monetas.

 

Roman Korizky