Number of automatic payment terminals in Angola rises 471 percent in two years

8 June 2010

Luanda, Angola, 8 Jun – The number of automatic payment terminals in Angola increased by 471 percent in two years, rising from 1,454 to 8,304 between March 2008 and March of this year, a Banco Nacional de Angola (BNA) official revealed on Saturday.

Andre Lopes was representing the BNA governor at a Luanda meeting on the population’s access to banking services and the contribution of micro-credit to ending poverty. Cited by Angolan news agency Angop, Lopes said the increase was basically due to growth of the banking sector operating in Angola.

In the two-year period the number of transactions, both in automatic payments terminals and automatic tellers, has accompanied that movement, he said.

“From March 2008 to March 2010 payment terminal transactions rose from 2.2 million to 4.5 million, while automatic teller transactions rose from 98,000 to 323,000, for growth of 103 and 228 percent, respectively,” Lopes added. (macauhub)