DILI, 21 november 2023 (TATOLI) – The Governor of the Central Bank of Timor-Leste (BCTL), Helder Lopes urged Timorese people to adapt to the digital world, especially digital transactions.
“We want our digital system to be integrated at a regional level. We want our customers to understand that they don’t have to carry cash for the transaction because we have digital transactions. If we are able to use digital transactions, we can reduce the cost of financial services,” said Lopes at a public consultation workshop at the Novo Turismo Hotel, in Dili, today.
He said that the BCTL plays a crucial role in promoting convenient, secure, and reliable payment in Timor-Leste: “Therefore, BCTL is committed to working with the relevant parties to promote digital payments in order to facilitate the transaction process in the country.”
“BCTL continues to organize similar public consultation workshops to promote the digital transaction in order to ensure that the private sectors and other relevant parties can use the digital transaction, such as digital payment, etc.”, explained Lopes.
He added that digital transactions require adequate telecommunications infrastructure, especially the fastest high-speed Internet service to support transaction activities.
The President of the Timor-Leste Chamber of Commerce and Industry, Jorge Serrano supported the BCTL’s initiative to promote digital transactions in the country.
The President of the Timor-Leste Chamber of Commerce and Industry, Jorge Serrano, supported the BCTL’s initiative to promote digital transactions in the country.
“We have to explain to people the benefits of using digital transactions and we also have to improve the services to gain the public’s trust,” said Serrano.
At the workshop, BCTL presented a number of digital transaction services in the country, including Telemor’s Mosan, T-Pay, and so on.
Journalist: José Belarmino De Sá
Editor: Filomeno Martins