Togo: National Social Security Fund extends e-payment to BTCI, after T-money and Flooz

Economic governance
Friday, 03 May 2019 17:43
Togo: National Social Security Fund extends e-payment to BTCI, after T-money and Flooz

(Togo First) - In Togo, the national social security fund (CNSS) now allows employers to remotely pay their employees via an online platform of Banque Togolaise de Commerce et d’Industrie (BTCI).

“Using the internet, employers connect to the CNSS’ platform which is synchronized to the BTCI’s platform. There, they can carry out all declaration operations and make payments via the BTCI platform, said Kadevi Akakpo, managing director of BTCI. “At this stage, a security code is provided for validation purpose, he added.

And in the event it is the firm’s accountant who makes the payment, another code is provided to his or her superior for validation before payment is made, the lender’s MD said.  

Germain Mèba, president of Togo’s chamber of commerce and industry, lauded this initiative to ease the declaration of employees and paying their dues remotely. 

After the BTCI, the measure should extend to Union Togolaise de Banque (UTB), Orabank and Ecobank. The new reform adds to another, already operational, to pay social contributions online via mobile money (T-money, Flooz) and the CNSS’ platform.

Séna Akoda

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