MyTPE.app & El Djazair Takaful: A Strategic Alliance to Generalize QR Payment in Algeria

In a landmark ceremony organized by El Djazair Takaful, the Islamic finance-compliant insurance company, a new stage in the digitalization of payments in Algeria has been reached with the signing of a partnership agreement between MyTPE.app, the Algerian startup specializing in electronic payment solutions, and El Djazair Takaful. The event took place in a prestigious setting, on the sidelines of a meeting focused on the insurance company's exceptional results, which recently announced a surplus of nearly 40 million DA and significant growth in its portfolio of insured individuals.

A Partnership Focused on Innovation

The agreement signed between MyTPE.app and El Djazair Takafl opens the way for the integration of QR code payment in all the company's agencies, allowing insured individuals and visitors to pay their premiums and services using a secure, fast, and contactless electronic payment.

MyTPE.app, known for simply transforming smartphones, tablets, or computers into virtual payment terminals (TPE), offers an adaptable solution for the digital age, integrating QR codes, contactless payment, electronic invoicing, and an analytical dashboard for merchants. Euroquity

A Response to Evolutions in the Payment Sector

This partnership is part of a national context where electronic and mobile payments are experiencing sustained growth.

According to the latest figures published by the Groupement d’Intérêt Économique Monétique, the number of transactions via electronic TPEs reached several million between January and July 2025, with a significant increase in the total amount of payments. الإذاعة الجزائرية

At the same time, the interoperability of QR code payments is expanding, with initiatives aiming to extend this technology to around fifteen banks by 2026, thus simplifying electronic transactions for consumers and merchants across the country. الإذاعة الجزائرية

Why This Partnership is Important

✔️ Modernization of Insurance Services

For El Djazair Takaful, adopting QR code payment via MyTPE.app represents a strategic opportunity to modernize the customer experience. Insured individuals will now be able to finalize their payments directly in the agencies, without cash and in just a few seconds — a significant advantage in a country accelerating towards digital financial inclusion.

✔️ Acceleration of Electronic Payment Adoption

MyTPE.app reinforces its mission to democratize e-payment in Algeria. By integrating its technology into the agency network of a major insurance company, it contributes to extending the use of electronic solutions beyond traditional commerce, towards institutional and financial services.

A Step Further Towards the Digital Economy

This partnership is not limited to a simple technological integration. It symbolizes the alignment between an innovative fintech and a leading financial institution, both committed to promoting sustainable digital transformation. As Algeria gradually puts in place infrastructure and frameworks favorable to mobile and electronic payments, initiatives like this one accelerate the transition towards a more inclusive, transparent, and efficient economic ecosystem. الإذاعة الجزائرية

Future Perspectives

With the implementation of QR payment in El Djazair Takaful's agencies:

• Insured individuals will benefit from a simplified customer journey, without queues and with secure transactions.
• MyTPE.app will strengthen its presence in the financial sector, while valuing interoperability and mobile use.
• The electronic payment ecosystem in Algeria will be even more dynamic, encouraging other insurers, banks, and commerce actors to adopt similar solutions.

???? In summary, this agreement marks a strategic turning point in the digitalization of financial services in Algeria: a local innovative fintech and a pioneering insurance company are joining forces to facilitate electronic payment in a growing sector.