Arab Finance: Contact Pay, a subsidiary of Contact Group, has signed a strategic partnership agreement with the e-payment solutions provider Al Ahly Momkn to facilitate payment operations for the former’s customers in Egypt, an emailed press release showed.
Under the deal, Al Ahly Momkn will allow the payment of Contact installments via its branches and payment channels, including 90,000 points of sale (POS) across the country.
“This agreement opens up new horizons for customers to conduct their financial transactions smoothly and easily nationwide,” Contact Pay’s Managing Director Ahmed Abdel Hakim said.
“We are confident that this step will enhance our customers’ ability to access Contact's services more easily and quickly through our branches and POSs spread across the country,” Deputy CEO of Al Ahly Momkn Mohab Gamal commented.