E-Finance, a company specialising in the field of electronic payment and money collection, signed a protocol of cooperation with Misr for Central Clearing, Depository, and Registry (MCDR) and with Nile Information Technology and Dissemination (NITD) to activate the electronic payment for investors and brokerage firms for the first time in the Egyptian market. The protocol …
Latest in Tag: E-Finance Highlight
Latest in Tag: E-Finance
The company will prepare educational programmes for the university to serve the labour market
205,000 students are using prepaid cards in order to achieve financial inclusion and to reduce cash dealings in markets, says Hegazy
The financial institutions operation company e-finance aims to achieve revenues worth EGP 500m in 2017. The company’s priority is expanding in northern and central African markets to implement its expansion plan in the region so as to open its resources of US dollar income. CEO Ibrahim Sarhan told Daily News Egypt that the production capacity …
We participated in implementing the Takaful and Karama monetary support system, says chairperson
We are applying the system in two phases, and we began an experimental phase in Ismailia, says Sarhan
The system relies on electronic channels enabled by the electronic payment and collection centre managed by E-finance in cooperation with commercial banks, through the settlement mechanism approved by the Central Bank of Egypt (CBE).
The agreement enables patients to pay fees electronically using mobile phones and electronic payment cards
Approximately 1.36m cards were distributed to employees in 2015
Electronically collected tax last year amounted to EGP 37bn
E-Finance targets achieving EGP 600m in revenues by the end of the year, says Sarhan
80% of value was through activating Egyptian Customs Authority’s tax collection system, says Ibrahim Sarhan
The new service’s main aim is to establish the principle of solidarity between community members and ease the procedures needed for paying Zakat and charity.
Agreement benefits MFF and beneficiaries of its services, easy and quick inquiry and payments via different means that fit different needs
The company achieved consolidated revenues by end of 2014 amounting to EGP 321m, says E-Finance Chairman
Tax system e-payment currently working with nearly 33 banks, through 3,439 bank branches and 1,405 post offices
E-Finance working to increase online proceeds from taxes in near future, to increase economic growth rates
New app provides details on the nearest petrol station
IBM will also be exhibiting security, social media, and mobile tablet applications.
Electronic payments specialist beat joint NBE-Banque Misr bid for the contract
350 post offices set to join in ‘Participate’, the country’s new electronic tax payment system
The E-Finance company hopes to increase the number of benefit card users to 4.5m by the end of 2013, with plans to release 10,000 cards next week.
Blom Bank Egypt, the Arab Bank, NSGB and CIB among those negotiating with the electronic payment system company