e-finance’s subsidiary to offer digital payment solutions for Contact
Updated 2/19/2023 10:39:00 AM
Arab Finance: eKhales, a subsidiary of e-finance for Digital and Financial Investments, has signed a strategic partnership agreement with Contact, a subsidiary of Contact Financial Holding, to provide the latter’s customers with digital payments solutions across its branches and through its mobile application, according to a press release on February 19th.
As per the partnership, eKhales will provide Contact’s customers with a wide array of digital payment solutions across multiple areas, including school and university fees, landline bills and mobile bills, internet subscriptions, transportation tickets, TV channel subscriptions, installments for insurance premiums, charitable donations, and club subscriptions.
Commenting on the partnership, e-finance’s Chairman, Ibrahim Sarhan, said: “The group continues to benefit from e-finance’s comprehensive technological infrastructure, which is capable of processing all types of digital payments across the public and private sector, ultimately supporting the achievement of Egypt’s Vision 2030. Strategic partnerships such as this one with Contact, given its rich history in the finance space, are a key pillar of the Group’s success.
For his part, eKhales’ CEO, Ahmed El Tantawy, said: “This mutually beneficial partnership will provide Contact’s customers with a comprehensive set of services that offer the benefits that come with utilizing digital payments, including conducting transactions from any place and at any time.”
eKhales owns a high-tech infrastructure and a widespread electronic network across Egypt. It also accepts local and international payment transactions through various electronic payment networks, including Visa, Mastercard, as well the local network, Meeza
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