Societe Monetique Tunisie
Société Monétique Tunisie is Tunisia's sole central-bank-accredited national interbank payment switch, providing real-time card, mobile, and bill-payment processing infrastructure to all Tunisian banks, payment institutions, mobile operators, and billers.
- Company typePrivate
- Founded1989
- HeadquartersTunis, Tunisia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Societe Monetique Tunisie does
Société Monétique Tunisie (Monétique-Tunisie, SA), founded in 1989 in Tunis by the consortium of Tunisian banks and the Office National des Postes, is the only interbank payment center accredited by the Banque Centrale de Tunisie and operates as the country's national payment switch. The company runs two core technology platforms — Switch Monétique for real-time authorization of card-based transactions and Switch Mobile for mobile payments and e-wallet interoperability — which together connect all Tunisian banks, mobile operators (Ooredoo, Orange, Tunisie Telecom), global card networks (Visa, Mastercard, JCB, UnionPay, American Express), and licensed payment institutions.
Its product portfolio spans card issuance and personalization (instant issuance, PIN management, cardless transactions), the Paysmart bill-aggregation platform connecting billers (utilities STEG and Sonede, telecom Tunisie Telecom, highway operator Tunisie Autoroutes) with multiple payment service providers, fraud monitoring with real-time surveillance, financial equipment certification (ATMs, TPEs, SoftPOS, PayFac), PCI DSS-compliant secure hosting, and certified training plus chargeback management. Innovations added in 2025 include SoftPOS, PIN Sender, and the TUNPAY national mobile payment label co-developed with the Central Bank.
Revenue is generated primarily through transaction-based fees on interbank card and mobile switching, commissions from Paysmart aggregation, equipment certification fees, secure hosting, and professional services; pricing is institutional, multi-year, and not publicly disclosed. The company is owned collectively by its founding bank consortium and the national post office, with no external venture or private equity participation, and reports no M&A, funding rounds, or restructuring activity. Operational scale as of June 2025 stood at 77.7 million payment operations (+9% YoY), 5.782 million bank cards, 40,600 POS terminals, and 440,000 wallets, with a 99.98% national switch availability rate reported in April 2025.
Societe Monetique Tunisie firmographics
Firmographics- Name
- Societe Monetique Tunisie
- Legal name
- Monétique-Tunisie, Société Anonyme
- Website
- https://monetiquetunisie.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Société Monétique Tunisie is Tunisia's sole central-bank-accredited national interbank payment switch, providing real-time card, mobile, and bill-payment processing infrastructure to all Tunisian banks, payment institutions, mobile operators, and billers.
- Ownership category
- akta.pro rank
Societe Monetique Tunisie industry classification
Industry- Product category
- Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks) (FSABALAB)
- akta.pro secondary industries
- Cross-Border Payment Orchestration & Routing (FSAGAKAJ), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)
Keywords
Where Societe Monetique Tunisie is headquartered
LocationHeadquarters
- HQ city
- Tunis
- HQ country
- Tunisia
- HQ region
- Africa
Offices1 record
Markets served
Societe Monetique Tunisie business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Interchange & Transaction Processing Fees: As the national monetic switch, Monétique Tunisia earns fees for processing and authorizing card transactions between financial institutions. These transaction-based fees apply across card payments, ATM withdrawals, and POS terminal operations across the national network.
- Mobile Payment & Wallet Processing: Revenue generated from mobile payment and e-wallet transaction processing, including money transfers, cash-in/cash-out operations through the mobile switch infrastructure.
- Bill Aggregation (Paysmart): Commission-based revenue from aggregating bill payments between billers (facturiers) and payment service providers, charging fees for facilitating the payment routing andPSP connections.
- Equipment Certification Services: Fees charged for certifying financial equipment including ATMs, payment terminals (TPE), Tap to Phone, Soft POS, and PayFac solutions. Certification covers compliance with security standards and international regulations.
- Secure Hosting & Technology Services: Revenue from providing secure server hosting, technology solutions, and infrastructure services to banking and payment partners. Includes PCI DSS-compliant hosting environments.
- Training, Consulting & Chargeback Management: Fees from certified external training programs for monetic sector professionals, strategic and technical consulting services, and chargeback dispute management for banks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B institutional pricing (banks and payment institutions) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Societe Monetique Tunisie product offering
Product offeringCore offering
Societe Monetique Tunisie operates Tunisia's national interbank payment switch, providing real-time authorization and routing for card-based and mobile financial transactions across the country's banking network. The company delivers an integrated payment platform spanning the Switch Monetique (national card switch), Switch Mobile (mobile payment and wallet platform), Paysmart (bill aggregation), card issuance and personalization, payment equipment certification, fraud monitoring, secure hosting, and consulting/training services. It serves as essential, regulatorily accredited infrastructure connecting all Tunisian banks, payment institutions, mobile operators, and billers.
Product overview
Monétique Tunisia operates as a unified platform with multiple integrated modules. The core offering centers on Switch Monétique (national payment switch for real-time transaction authorization) and Switch Mobile (mobile payment platform supporting wallet transactions), complemented by Carte Bancaire solutions for card issuance and management. Additional modules include Paysmart (bill aggregation), Certification services, Sécurité/Fraude Monitoring, Secure Hosting, and Technical Assistance. The company also recently launched innovations including PIN Sender, SoftPOS, and Payfac. The portfolio works as an interconnected ecosystem where the switches serve as the backbone connecting banks, payment institutions, merchants, and consumers.
Differentiator
Problem solved
Functional benefit
Brands
- Paysmart: An online bill payment aggregation platform that facilitates interactions between payment service providers (PSP) and billers, enabling customers to pay bills via bank card, wallets, and bank transfers.
- SoftPOS
- PIN Sender
- Payfac
Products and services
- Switch Monétique National payment switch that facilitates and authorizes financial transactions in real time, establishing secure communication between Tunisian banks and financial institutions for card-based payments, ATM withdrawals, and POS operations.
- Switch Mobile
Quantifiable outcome
- 99.98% national monetic switch availability rate (April 2025)
- +2 more outcomes
Companies that use Societe Monetique Tunisie
Customer profileNamed customers26 records
Segments4 records
Ideal customer profiles2 records
Societe Monetique Tunisie technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Societe Monetique Tunisie partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and minor.
- Banque Centrale de Tunisie (Central Bank of Tunisia)coreMonétique Tunisia partnered with Tunisia's central bank to develop the national TUNPAY mobile payment label, launched May 5, 2025. The company serves as the technology development partner for this initiative, which mandates all banks, payment institutions, and the postal service to integrate the TUNPAY visual identity across digital and physical channels.
- VisacoreVisa partners with Monétique Tunisia as a global payment network whose cards are processed through the national switch. Visa conducts regular security and operational audits of Monétique Tunisia's infrastructure.
- MastercardcoreMastercard partners with Monétique Tunisia as a global payment network whose cards are processed through the national switch. Mastercard conducts regular security and operational audits of Monétique Tunisia's infrastructure.
- OoredoocoreOoredoo is a mobile network operator partner enabling mobile payment and wallet services through Monétique Tunisia's mobile payment switch (Switch Mobile). Integration enables mobile transactions, money transfers, and cash-in/cash-out operations via Ooredoo's mobile platform.
- OrangecoreOrange is a mobile network operator partner enabling mobile payment and wallet services through Monétique Tunisia's mobile payment switch. The partnership facilitates mobile payment authorization, money transfers, and cash-in/cash-out operations via Orange's telecom infrastructure.
- Tunisie TelecomcoreTunisie Telecom is a mobile network operator partner enabling mobile payment and wallet services through Monétique Tunisia's mobile payment switch. Integration supports mobile payment services for Tunisia Telecom customers.
- Arab Tunisian BankcoreOne of 20+ Tunisian banking partners connected to Monétique Tunisia's national monetic switch. Banks use the switch for card transaction processing, payment terminal management, and mobile payment integration.
- Banque National AgricolecoreOne of 20+ Tunisian banking partners connected to Monétique Tunisia's national monetic switch.
- Amen BankcoreOne of 20+ Tunisian banking partners connected to Monétique Tunisia's national monetic switch.
- Société Tunisienne de BanquecoreOne of 20+ Tunisian banking partners connected to Monétique Tunisia's national monetic switch.
- Office National des Postes (National Post Office)coreCo-founder of Monétique Tunisia alongside Tunisian banks. As a banking partner and postal service provider, the National Post Office integrates with the national monetic switch and was mandated to adopt the TUNPAY label.
- Société Générale AlgeriaminorInternational banking partner from Algeria connected to Monétique Tunisia's payment infrastructure, supporting cross-border transaction processing.
- NatixisminorInternational banking partner connected to Monétique Tunisia's payment infrastructure.
- Al Baraka BankminorIslamic banking partner (present in both Tunisia and Algeria) connected to Monétique Tunisia's payment infrastructure.
- STEG (Société Tunisienne de l'Electricité et du Gaz)minorUtility company biller integrated with Paysmart platform, enabling Tunisian consumers to pay electricity and gas bills through Monétique Tunisia's bill aggregation infrastructure.
- Sonede (Société Nationale d'Exploitation et de Distribution des Eaux)minorWater utility biller integrated with Paysmart platform, enabling Tunisian consumers to pay water bills through Monétique Tunisia's bill aggregation infrastructure.
- Pluxee by SodexominorEmployee benefits company (formerly Sodexo Tunisia) using Monétique Tunisia's privative card services for meal and benefit card issuance and management.
- Tunisie AutoroutesminorHighway toll operator integrated with Monétique Tunisia's bill aggregation platform, enabling digital toll payment through the Paysmart system.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Societe Monetique Tunisie competitors and assessment
Company assessmentBroad incumbents
- Mastercard: Global card network that audits SMT's infrastructure and processes all Mastercard-branded transactions through the Tunisian switch. Comparable as a payments infrastructure incumbent; parallel dual-threat/partner dynamic as with Visa.
- Visa: Global card network that audits SMT's infrastructure and processes all Visa-branded transactions through the Tunisian switch. Comparable as a payments infrastructure incumbent but operates globally and at a vastly larger scale; also represents both a partner and potential disintermediation threat.
Direct peers
- DPO Group: African payment service provider offering card processing, mobile money, and payment gateway services across multiple African markets. Comparable to SMT's bank-side processing capabilities with broader geographic reach across sub-Saharan Africa.
- Network International: Major payment processor across the Middle East and Africa, providing card processing, merchant acquiring, and payment technology to banks and financial institutions. Comparable to SMT in serving bank-side payment infrastructure at scale across emerging markets.
- CMI (Centre Monétique Interbancaire): Morocco's national interbank switch, founded by Moroccan banks in 1989. Operates the parallel role to SMT for the Moroccan market—processing card transactions, managing ATMs/POS terminals, and serving as the central switch layer connecting all Moroccan banks under central bank oversight.
Emerging players
- Flutterwave: African payment infrastructure platform providing payment processing, remittance, and merchant services across multiple African countries. Comparable to SMT in building payment rails for African markets, though with a focus on digital-first merchants rather than incumbent bank switching.
- Onafriq (formerly MFS Africa): African cross-border mobile payment orchestration platform connecting mobile wallets across 40+ countries. Comparable to SMT's Switch Mobile platform in enabling interoperable mobile payment transactions, though Onafriq focuses on cross-border rather than domestic switching.
Regional players
- SATIM (Société d'Automatisation des Transactions Interbancaires et de Monétique): Algeria's national interbank switch operated under Algérie Poste, serving as the central payment infrastructure for the Algerian banking system. Directly analogous role to SMT but in a different national market with separate banking consortium.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Societe Monetique Tunisie social profiles
Digital presenceSociete Monetique Tunisie compliance and trust
Trust signalCompliance1 record
Societe Monetique Tunisie financial estimates
Financial estimateRevenue estimate
Valuation estimate
Societe Monetique Tunisie leadership team
Management profileNumber of profiles
Profiles4 records
Societe Monetique Tunisie funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Societe Monetique Tunisie M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Societe Monetique Tunisie
What does Societe Monetique Tunisie do?
Societe Monetique Tunisie operates Tunisia's national interbank payment switch, providing real-time authorization and routing for card-based and mobile financial transactions across the country's banking network. The company delivers an integrated payment platform spanning the Switch Monetique (national card switch), Switch Mobile (mobile payment and wallet platform), Paysmart (bill aggregation), card issuance and personalization, payment equipment certification, fraud monitoring, secure hosting, and consulting/training services. It serves as essential, regulatorily accredited infrastructure connecting all Tunisian banks, payment institutions, mobile operators, and billers.
Is Societe Monetique Tunisie a public or private company?
Societe Monetique Tunisie is a private company. It is classified as corporate owned and is currently operating.
When was Societe Monetique Tunisie founded?
Societe Monetique Tunisie was founded in 1989. It employs 11 to 50 people.
Where is Societe Monetique Tunisie based?
Societe Monetique Tunisie is headquartered in Tunis, Tunisia, in the Africa region.
How does Societe Monetique Tunisie make money?
Six revenue lines are on record. Interchange & Transaction Processing Fees are the primary driver. The others are mobile Payment & Wallet Processing, bill Aggregation (Paysmart), equipment Certification Services, secure Hosting & Technology Services and training, Consulting & Chargeback Management.
Who are Societe Monetique Tunisie's main competitors?
Broad incumbents on record are Mastercard and Visa. Direct peers are DPO Group, Network International and CMI (Centre Monétique Interbancaire). Emerging players are Flutterwave and Onafriq (formerly MFS Africa). SATIM (Société d'Automatisation des Transactions Interbancaires et de Monétique) is listed as a regional player.
Does Societe Monetique Tunisie have an API?
No public API is recorded for Societe Monetique Tunisie.
What industry is Societe Monetique Tunisie in?
Societe Monetique Tunisie's product category is Payment Infrastructure. Its primary akta.pro industry code is FSABALAB, Payments Operations (ACH/Wire/RTGS, SWIFT, SEPA, Checks), with a secondary code of FSAGAKAJ, Cross-Border Payment Orchestration & Routing. Its NAICS code is 52232 and its SIC code is 6099.