Empresa Interbancária de Serviços
| Industry | Financial services |
|---|---|
| Headquarters | Angola , Angola |
Area served | Angola |
| Products | Interbank network management (ATM and POS), clearing house services, mobile payment platform |
| Owner | Banco Nacional de Angola (45%), various participating banks (remaining shares) |
The Empresa Interbancária de Serviços S.A. (EMIS – Interbank Service Company) manages Angola's interbank network for ATM and Point-of-Sale (POS) terminals, operating under the brand name Multicaixa. Additionally, EMIS functions as the clearing house responsible for processing payments, direct debits, and funds transfers (Giro) among all banking institutions in Angola.
EMIS conducts its activities in compliance with national legislation governing Angolan payment systems, including the BNA directive No. 9/2011 that regulates bank payment cards, alongside other relevant financial regulations.
The principal shareholder is the Angolan central bank, BNA, which currently owns 45% of shares, down from an initial 51%. The remaining shares are held by participating banks, with ownership stakes ranging from 1.97% to 6.5%, and Banco do Fomento de Angola being the largest shareholder among these banks.
In its efforts to innovate, EMIS is developing a mobile payment platform designed to facilitate money transfers via mobile devices. Acting as a Mobile Virtual Processor Operator (MVPO), EMIS will handle mobile payment processing on behalf of banks by leveraging Mobile Network Operators' infrastructure. This setup will provide a direct user interface while maintaining cooperation with the involved banking institutions.