EFG Hermes partners with PayTabs over cashless payment in Egypt
ArabFinance: Egyptian Financial Group Hermes Holding Company (HRHO) EFG Hermes has teamed up with PayTabs to launch PayTabs Egypt, according to an EGX statement.
Upon this strategic partnership, PayTabs Egypt will establish a state-of-the-art platform for financial inclusion.
This platform will cater to both online and digital payment needs of multiple consumer segments across Egypt, whether the mass affluent or the emerging affluent segments. It is expected to be launched in the short term.
Financial transactions will be executed remotely, quickly, and seamlessly through a simple, user-friendly interface that onboards users in a few easy steps.