The recent decision by the Central Bank of Congo (BCC) regarding the setting of electronic payment terminals exclusively in national currency is a measure that has sparked strong reactions among the Congolese population. This directive, put in place a few days ago, aims to regulate financial transactions carried out using bank cards in the country’s businesses.
The increasing use of electronic payment terminals represents a major step forward in the modernization of financial transactions in the Democratic Republic of Congo. However, this development raises questions about the use of foreign currencies in the country’s financial system. By imposing the exclusive setting in national currency, the BCC seeks to promote the use of the Congolese franc and limit transactions in foreign currencies.
Interestingly, unfounded rumors have circulated, claiming that this measure also involved ATMs. However, the governor of the BCC, Malangu Kabedi, quickly clarified the situation by stating that ATMs are not affected by this directive. Users will therefore be able to continue to make withdrawals in Congolese francs or dollars, depending on their needs.
This clarification from the BCC is essential to counter the spread of false information and to reassure the population about the stability of the country’s financial system. It highlights the importance of remaining vigilant in the face of false information circulating on digital platforms and underlines the crucial role of financial authorities in the transparent and effective management of monetary policies.
Ultimately, this measure by the Central Bank of Congo is part of a desire to strengthen the national economy and promote the use of the national currency in commercial transactions. It underlines the importance of supporting initiatives aimed at promoting financial stability and ensuring citizens’ confidence in the country’s financial system.