Aman Financial Services, a subsidiary of Raya Holding Group, has agreed with Telecom Egypt, currently known as WE, to provide billing and charging services for WE lines, through its outlets and branches. This new service comes after Aman successfully added WE's landline and internet bills' payment service. Aman's outlets and branches are presently offering bill payments and balance recharges for all four operators in the market: Vodafone, Orange, Etisalat, and WE, which reflects the company's strong strategy and its confidence in reaching more clients. Aman also agreed with WE to provide the latter's services in order to reach more clients through its 25,000 outlets and 140 branches in Greater Cairo. The company's expansion plan includes reaching 70 points of sale (POS) and adding 400 branches. El-Sayed Mohamed Wahby, CEO of Aman Electronic Payment Company, said that the company is taking steady steps to increase the number of offered services, through its electronic platform and branches, in all governorates, to meet customer needs. He added that Aman also target to increase the number of merchants who accept electronic payments through POS and various applications, in addition to partnering with businesses and banking communities, so as to facilitate payments, and contribute to boosting e-payments in the local market. Aman is constantly on the lookout for partnerships with local market players as it develops, becoming the leading e-payment company in Egypt in the coming years, based on the country's determination to transform itself into a society that is less dependent on cash transactions. The company currents transacts 85 deals per second, stressed Wahby. Aman's CEO said that the Non-Cash Transactions Development Law passed by the Supreme Council of Payments by the government during its previous meeting, is a very important step towards effective measures towards increasing electronic payment rates in Egypt. This will increase the number of merchants with POS, and will facilitate the steps customers perform to conduct electronic payments, such as mobile wallets.
