Bank of Algeria authorizes Djezzy to launch payment unit

The Bank of Algeria has granted initial authorization to major telecommunications operator Djezzy to establish a dedicated financial services subsidiary, Djezzy Payment Services. The decision, announced on September 23, 2026, allows the mobile operator to enter the country’s regulated digital payments ecosystem alongside traditional commercial banking institutions. Under the terms of the central bank’s preliminary approval, Djezzy Payment Services has been given a 12-month window to fulfill rema