The Crédit Populaire d’Algérie (CPA) has introduced a new deferred debit CIB card named Cpay+, allowing cardholders to defer account debits until their next income date. This was announced by the public bank in a statement on Tuesday.
Cpay+ offers users a credit margin of up to 30% of their declared income, available against a fixed fee. According to the CPA, via the Algerian Press Service (APS), “The launch of the Cpay+ deferred debit card enriches and completes the range of CIB cards available to customers with its high added value for cardholders.”
The introduction of this innovative card underscores CPA’s strategic commitment to adapting its services to meet the growing needs of customers, contributing significantly to national economic growth by enhancing financial inclusion through modern financial tools that offer a tangible leap in banking services quality.
