Pricing by user profile
Account opening and maintenance are free. Any fees depend solely on the type of operation and are sliding-scale by tiers, with an absolute cap.
The three profiles below correspond to the type of KYC opened. You only pay for operations actually carried out.
Personal profile
To manage your everyday money.
Included for free
- Account openingIdentity verification in 5 minutes
- P2P transfers between Centeem accountsInstant, no operational cap
- CCP / BaridiMob top-upNo fee on Centeem's side
- Merchant payment QR / contactlessNo fee for the buyer
- Savings pocket0.5% / year interest
- Push and email notifications
Fees per operation
- CCP / BaridiMob top-up0 %No fee on Centeem's side
- Cash top-up at an agent1.5 %Sliding down to 0.4% · capped 500 DZD · 100% agent
- BaridiMob withdrawal1 %Sliding down to 0.3% · capped 500 DZD
- Withdrawal at a partner agent2 %Sliding down to 0.5% · capped 700 DZD · 0.5% Centeem + 1.5% agent
Pro / Business profile
Acceptance by phone, automated accounting.
Included for free
- Business accountSeparate from the personal account under the same identity
- Acceptance QR / contactless / PayLinkSingle pricing across all 4 channels
- Employee sub-accountsFour-eyes validation on sensitive actions
- Automatic accountingMonthly PDF / CSV exports per operator
- Free BaridiMob withdrawalPro perk — cost absorbed by acceptance commissions
- Priority support
Fees per operation
- Acceptance QR / contactless / PayLink1 %Sliding down to 0.3% · capped 1,000 DZD
- CCP / BaridiMob top-up0 %No fee on Centeem's side
- Cash top-up at an agent1.5 %Sliding down to 0.4% · capped 500 DZD · 100% agent
- BaridiMob withdrawal0 %Free — Pro perk
- Withdrawal at a partner agent2 %Sliding down to 0.5% · capped 700 DZD · 0.5% Centeem + 1.5% agent
Foreign visitor profile
Pay and withdraw in Algeria with no local account.
Included for free
- Biometric passport openingSecure passport read + visa
- Merchant payment QR / contactlessNo fee for the buyer
- Multilingual supportFrançais · العربية · English
- Push notifications
Fees per operation
- Merchant payment QR / contactless0 %No fee for the buyer
- Foreign card or cash-agent top-up1.5 %Sliding down to 0.4% · capped 500 DZD
- Withdrawal at a partner agent2 %Sliding down to 0.5% · capped 700 DZD · 0.5% Centeem + 1.5% agent
Reading the fees. All rates are shown at tier 1 (the maximum rate, applied to the first 5,000 or 10,000 DZD depending on the operation). Beyond that, the marginal rate decreases in successive tiers. The cap is the absolute maximum of the commission, reached at a certain volume. Details in the FAQ below.
Prices applicable at the beta launch (summer 2026). Any change is notified 60 days in advance (Instruction 06-2025 of the Bank of Algeria).
Comparison
Centeem vs existing solutions
What an Algerian merchant or individual uses today, and what Centeem offers as an alternative.
| Criterion | Bank POS | BaridiMob only | Centeem |
|---|---|---|---|
| Hardware to buy | 30,000+ DZD | Free | Free (smartphone) |
| Monthly subscription | 1,500 DZD | Free | Free |
| Acceptance commission | 1.5 – 2% | — | 1% sliding (capped 1,000 DZD) |
| Acceptance by phone | |||
| Remote payment links | |||
| Employee sub-accounts | |||
| Automatic accounting | |||
| Cash withdrawal via agents | Limited | 69-wilaya network | |
| Passport visitor account | |||
| Opening in 5 minutes | Variable |
Frequently asked
Pricing details
Why 1% acceptance commission and not 0% like some players advertise?+
The acceptance commission covers operational costs (security, anti-fraud, AML compliance, support, bank ring-fencing). It lets us have 0 monthly subscription and 0 fixed fees — you only pay when you collect. An Algerian bank POS costs ~1,500 DZD/month + 1.5–2% per transaction, regardless of your volume. With Centeem, a merchant collecting 50,000 DZD in a month pays 500 DZD instead of ~2,500 DZD.
How does the sliding-scale tiered pricing work?+
Each operation is charged in successive tiers, like progressive tax. Example for an acceptance commission on 30,000 DZD: 10,000 × 1% (first tier) + 20,000 × 0.7% (second tier) = 100 + 140 = 240 DZD. The higher the amount, the lower the marginal rate. And beyond the absolute cap, the total never exceeds that limit regardless of the amount.
Are P2P transfers between Centeem accounts really free?+
Yes, unconditionally. A transfer from one Centeem account to another is an internal movement in our system: it has no execution cost. This is a permanent product choice (a model similar to Wise or Revolut between user accounts).
What exchange rate applies for a foreign visitor?+
Centeem applies the reference interbank rate + 1% margin maximum. For comparison, an airport exchange office typically applies a 5 to 8% margin on the market rate. On €1,000, the difference is about €40 to €70. The exact rate applied is shown in the app before every conversion.
BaridiMob withdrawal is free for a Pro account — how is that possible?+
A Pro account generates significant acceptance volume (where Centeem takes its commission). The operational cost of the BaridiMob connection is therefore absorbed. It's a balanced exchange: your activity funds the infrastructure, and in return your withdrawals are free.
Are there other fees (inactivity, conversion, account maintenance)?+
No. No inactivity fees, no account maintenance fees, no incoming fees. The only possible fees are those shown above: BaridiMob withdrawal (Personal), partner agent withdrawal, cash top-up via agent, and merchant acceptance commission (Pro). Account closure is also free.
Can these prices change?+
Any change to the pricing is notified 60 days in advance by push notification and email (Instruction 06-2025 of the Bank of Algeria requirement). No retroactive or hidden increases are possible. You can close your account free of charge at any time.
A pricing question not covered here?
Contact us
Open a Centeem account
Coming soon on iOS and Android. Identity verification compliant with the Bank of Algeria's Instruction 06-2025.