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Empresa Interbancária de Serviços

Interbank network for all electronic payments in Angola

Empresa Interbancária de Serviços

Summary

Interbank network for all electronic payments in Angola

EMIS logo

The Empresa Interbancária de Serviços S.A. (EMIS – English: Interbank Service Company) is the operator of the Angolan interbank network for the network of ATMs and Point-of-Sale (POS) terminals for automatic payments under the brand name of Multicaixa. EMIS is also the clearing house for those payments and for direct debit and funds transfer operations (Giro) for all banks in Angola.

The legal basis for EMIS' existence and activity is the national law on Angolan payment systems,{{Cite web|url=http://www.bna.ao/uploads/%7B40d68988-7bd3-4ef8-b6ab-651331674f96%7D.pdf

The main shareholder of EMIS S.A. is the Angolan central bank, the Banco Nacional de Angola (BNA) with initially 51%, now reduced to 45%. The actual banks participating in the interbank network hold participations from 1.97% (four banks) up to 6.5% of the shares (Banco do Fomento de Angola).

EMIS prepares a system of mobile payment, i.e. transferring money via mobile phone, whereby EMIS intends to play the role of what they call an MVPO - Mobile Virtual Processor Operator. |archive-url=https://web.archive.org/web/20120123094159/http://www.emis.co.ao/mgt/contents/publications/12490366034755.pdf |url-status=dead |archive-date=January 23, 2012 |trans-title=New payment channels (e-payment and m-payment)

References

References

  1. "Accionistas". EMIS.
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