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CreditGo sees over EGP 2M in change from e-payments

CreditGo sees over EGP 2M in change from e-payments

ArabFinance: Egyptian joint stock e-payment services company CreditGo registered more than EGP 2 million in change from electronic transactions, according to an October 27th press release.

The allotted amount resulted during 19 weeks, with 55,000 transactions carried out by 1,500 CreditGo users.

CreditGo also announced the launch of its new mobile application to encourage the citizens adopt e-payment and e-collection services, in line with “the current precautionary measures taken to limit the spread of COVID-19,” according to the statement.

The mobile app is free for all android users, representing an alternative for point of sale devices, CreditGo elaborated.

“CreditGo allows merchants to carry out any electronic payment services they need such as recharging mobile phone balances and paying bills, allowing the unbanked and irregular workforce to increase and improve their income,” Deputy CEO Sherine Ewase commented.

Registration requires only the entry of the national ID number, after which any individual can join the CreditGo community.

“The application incorporates special features to adapt to individuals that hard of sight, allowing them to use it, such as the team of agents we’ve on boarded in Port Said,” the CEO stated.

The Egyptian government earlier launched a pilot digital platform for electronic state services.

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