PayLogic and BANGE Forge Strategic Partnership to Revolutionize Digital Payments in Equatorial Guinea

PayLogic, a global leader in pioneering digital payment ecosystems, and BANGE (Banco Nacional de Guinea Ecuatorial), the National Bank of Equatorial Guinea, are delighted to announce a transformative partnership that aims to redefine the digital payment landscape in Equatorial Guinea and beyond. This collaboration represents a significant stride towards delivering innovative, secure, and efficient payment solutions to a rapidly growing customer base.

BANGE, established as the National Bank of Equatorial Guinea, is a leading financial institution in the country, with a strong presence across the nation. With a network of 35 branches located in 7 main cities of Equatorial Guinea, as well as an international presence in Cameroon, Benin, and Spain, BANGE has significantly contributed to the national and regional economy by financing projects, enterprises, institutions, SMEs, and individuals. The bank serves over 114,000 clients, emphasizing customer engagement and professionalism, and fostering enduring customer loyalty.

Recognizing the imperative of technological innovation in banking, BANGE strategically selects PayLogic to revamp its payment systems. This collaboration aims to introduce state-of-the-art electronic payment solutions, enriching customer experiences and streamlining operational efficiency.

The project features a comprehensive suite of advanced payment technologies, including real-time transaction processing, secure digital payment options, efficient card issuance, robust fraud prevention measures, and seamless integration with regional and global payment networks.

By leveraging PayLogic’s innovative solutions, BANGE will optimize personalized payment card production in real time and strengthen its digital banking portfolio. This initiative is poised to significantly enhance customer convenience, operational efficiency, and financial inclusion efforts in Equatorial Guinea and the broader CEMAC region.

“We are proud to be BANGE’s strategic partner in the implementation of their new Switch and Card Management System,” states Mohamed Mekouar, Chairman at PayLogic. “We are excited to embark on this journey with BANGE. Together, we aim to transform the digital payment ecosystem in Equatorial Guinea, offering innovative solutions that will benefit both businesses and individual customers alike.”

About PayLogic

PayLogic is a global leader in innovative payment solutions, dedicated to providing comprehensive and tailored services to financial institutions worldwide. With a focus on advanced technology, security, and seamless user experiences, PayLogic empowers its clients to navigate the digital landscape with confidence, achieve operational efficiency, and deliver exceptional customer experiences.

About BANGE

Founded as the National Bank of Equatorial Guinea, BANGE has become a key financial institution, significantly contributing to the country’s economic financing. With a strong domestic presence and international expansion into Cameroon, Benin, and Spain, BANGE is committed to providing top-quality services and products, continuously modernizing its offerings to keep pace with the evolving banking industry. Their customer-centric approach has been a cornerstone of their success, serving over 114,000 clients across their network.