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Payment service provider (regulated activity)

Regulated activity · CNRC 612110 · Services

Activity contents

  • The payment service provider is authorised to supply, as its habitual profession, one or more payment service(s):
  • the deposit and withdrawal of cash, and payment account management operations;
  • the execution of credit transfers and of one-off or standing direct debits;
  • the execution of payment transactions carried out with a payment card or a similar device;
  • the issuing of payment cards or of any other similar payment instrument;
  • the acquiring of payment transactions;
  • money remittance operations.

Supervisory authority

THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL

Type of authorization: DECISION OF AUTHORISATION TO INCORPORATE

How to start this activity in Algeria

Official procedure, ordering of steps, and realistic timelines

  1. Step 1: Obtain the licence from THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL

    The activity "Payment service provider (regulated activity)" is regulated. You must first build an accreditation file with the supervisory authority (articles, qualification proof, premises eligibility) before any CNRC registration.

    2 to 6 weeks

  2. Step 2: Company incorporation (LLC, single-member LLC or sole proprietorship)

    Once you hold the licence, sign the articles at the notary, declare the share capital, then request the company name + Trade Register at CNRC. For a heavy licence, a SARL/EURL is usually required over the auto-entrepreneur regime.

    7 to 10 days

  3. Step 3: Tax and social registrations

    With your trade register in hand, obtain the NIF (tax ID), NIS (social security ID for the manager), CNAS affiliation for employees, and the tax card. Your activity "Payment service provider (regulated activity)" can then start lawfully.

    3 to 7 days

Legal references

  • Regulation No. 25-02 of 14 April 2025, setting the conditions for authorisation to incorporate, for licensing and for carrying on the activities of payment service providers.

Frequently asked questions

How do I start the activity "Payment service provider (regulated activity)" in Algeria?

"Payment service provider (regulated activity)" is regulated: first obtain the official licence from THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL, then incorporate (SARL/EURL usually required) at CNRC, and finish with tax registrations. UpGrowth Connect handles licence + turn-key incorporation.

How much does it cost to incorporate for code 612110?

For a regulated activity like Payment service provider (regulated activity): 75 000 DZD (sole proprietorship) or about 118 610 DZD (SARL/EURL excluding share capital), plus licence cost (varies per THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL). UpGrowth Connect: 60 000 DZD ex-tax + State fees.

Is the ANAE auto-entrepreneur regime allowed for Payment service provider (regulated activity)?

ANAE is reserved for individual services, capped at 5M DZD/year. For "Payment service provider (regulated activity)", verify eligibility via UpGrowth's ANAE tool or with THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL.

Which supervisory authority oversees code 612110?

The official supervisory authority for Payment service provider (regulated activity) is THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL. This body is responsible for regulation, accreditation and oversight of the activity.

Is the activity "Payment service provider (regulated activity)" regulated in Algeria?

Yes, Payment service provider (regulated activity) (CNRC code 612110) is classified REGULATED. A prior licence from THE PRESIDENT OF THE MONETARY AND BANKING COUNCIL is mandatory before CNRC registration.

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