The Central Bank of Egypt has announced the launch of a service for accepting non-cash electronic payments via smartphones. This new service aims to develop digital financial services in the country. The bank emphasized that the service will improve the convenience and security of transactions for citizens. The service is already available to users through mobile applications of partner banks. This is an important step in modernizing Egypt's payment system.
Egyptian Bank Launches Contactless Payments via Smartphones
Egypt's Central Bank has introduced a new service for contactless payments via mobile devices to enhance convenience and security of financial operations for the public.