Latest in Tag: e-payment Highlight
Latest in Tag: e-payment
CBE works on strengthening e-payment infrastructure nationwide: Assistant Subgovernor
Recent boom in electronic transactions reflects increase in awareness, says Ehab Nasr
Noon launches its e-payment gateway in Egypt
The online payment gateway features a quick setup process, simple API, and easy payment process for businesses of all sizes, ensuring a seamless customer experience.
Fawry for e-payment acquires Banque Misr, CIB stakes in Fawry Plus
The last trading price for Fawry’s shares was EGP 19.350 per share, up 1.91%, and the company’s market value is currently estimated at EGP 32.8bn.
Banque du Caire to launch e-payment firm in support of digital transformation, financial inclusion: Chairperson
Bank has come long way in digital transformation, becoming top priority since implementing Integrated Development Strategy in 2018
Egypt’s e-government receipts increase up to EGP 4bn monthly during COVID-19
Egypt’s e-government receipts jumped in 2020, from EGP 1bn to EGP 4bn per month following the outbreak of the novel coronavirus (COVID-19) pandemic. The significant jump reflected an annual growth of 250%, highlighting strength of the country’s electronic payment (e-payment) and collection system, according to Minister of Finance Mohamed Maait. Maait said that the executive …
Data, AI, e-payment most important for Egypt’s digital transformation: Experts
Egypt’s e-finance sponsors Pafix for seventh consecutive year
Government’s e-payment portal records EGP 36m transactions since September: El-Said
Total of 250 technology centres will be developed to provide 120 services across Egypt, says Planning Minister
EFG Hermes to serve as financial advisor to MTI’s e-payment subsidiary IPO
Step comes on back of MTI’s merging of Masary and Bee e-payment platforms
Government prepares for linking Farmer’s Card with Meeza e-payment services
ElKosayer held several meetings with the Agricultural Bank of Egypt, e-finance, and the Egyptian Banks Company to develop the procedures needed to carry out the digital transformation. This is expected to have a significant impact on the services provided via the Farmer’s Card and maximise its benefits.
CBE reviews efforts to support e-payment, FinTech systems
CBE launches Meeza, Non-Cash Payment Law, FinTech Regulatory Sandbox, e-collection of government’s payments
MTI Group to establish e-payment holding company to parent Bee, Masary
Both companies will retain their brands, operations to be integrated: MM group investment director
Fawry Dahab to provide e-payment solutions for Cairo’s public utilities
The signing ceremony was attended by Cairo Governor Khaled Abd El-Aal and CEO of Fawry Ashraf Sabry, as well as several governorate officials.
Finance Ministry commissions teams to check on e-payment system performance nationwide
The ministry stressed that it would redistribute additional e-payment machines at any administrative body and other entities that may need the service in order to preserve the public money.
MEDAF plans to acquire 50% of E-payment market, penetrate African markets
Abou-El-Fotouh confirmed that MEDAF Investments has ambitious plans and aims to expand inside and outside Egyptian markets. He said, “The company is currently evaluating several investment opportunities, the details of which will be announced in due course.”
Fawry to offer 36- 40% stake on EGX
21% for strategic investors, between 15-19% stake for IPO and private placement
MTI plans to merge Bee, Masary e-payment platforms by 2020
Investor Relations and Business Development Manager at MTI, Ashraf El-Ghannam, said the group will focus on enhancing profitability by increasing contribution of high-profit-margin business lines, and replicating MTI’s business model to its recently consolidated subsidiary Qanawat.
Vapulus launches world’s first free e-payment portal
Unlike all global players and e-payment processing companies, Vapulus launched its portal without subscription fees and no fixed fees per transaction.
NBE extends working hours at 64 branches for tax e-payment services
The National Bank of Egypt (NBE) decided to extend its working hours at 64 branches until 6:00 pm to provide electronic tax payment services in the periods between 24-31 March and between 22-30 April. The NBE will limit its services after normal working hours to tax payment services in order to achieve a successful tax …
Aman e-payment is considering providing funding for traders during service 2019
We aim to increase our transactions to 1m per month, attract 20,000 POS: Wahby
New development will help Fawry to reach 6m daily transactions
Company’s e-payment injected EGP 90m last year to improve technological structure efficiency, guarantee electronic services quality
Spectra Technology aims to supply 90,000 POS for banks, ministries, e-payment companies
Interviews underway with electronic collection companies to agree on smart applications final form for banks’ electronic payment cards
E-payment companies can contribute to spreading banking services: Fawry CEO
The adoption of an integrated network between the Civil Status Authority and other government agencies will allow opening bank accounts without going to banks, says Sabry
Fawry contracts with 12 banks for e-payments via mobile phone
We began launching the service with a number of banks and will soon be activated with others, says Fawry CEO
Fawry targets 50% growth rate in its business in Egypt during 2016
We aim to increase payment outlets to 60,000 by the end of 2016, says CEO
E-Finance, MFF sign mutual cooperation agreement for e-payment services
Agreement benefits MFF and beneficiaries of its services, easy and quick inquiry and payments via different means that fit different needs
Fawry, Ministry of Interior negotiate over civil affairs e-payment solutions
Five new financial services sought in cooperation with banks during 2015, says Sabry
Fawry changing the culture of payment in Egypt: Top management
Daily transaction rate has gone up from 1,000 per day by the end of 2009 to over 1m, says CPIO
E-finance launches new “Banzenty” app
New app provides details on the nearest petrol station
Citibank to launch new payment channels in 2014: Vice president
The bank is preparing new customer services which include the launch of two new premium cards products, Arif Raza says
MCIT, MOI sign protocol to integrate new technology into transportation sector: Communications ministry
Protocol will ensure quick response to traffic emergencies, improve transportation system, Helmy says