SCZONE showcases investment opportunities to eight Japanese companies    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt witnesses launch of first super-app in MENA region
New super-app aims to facilitate day to day financial, non-financial activities across Middle East, Africa, says PaySky founder
Daily News Egypt Published in Daily News Egypt on 10 - 01 - 2022

PaySky — the leading payment solutions provider and technology partner to Egypt Post and Visa — has been working relentlessly to bring the Egyptian Market the "Yalla Super App"; a home-grown version of AliPay and WeChat Pay.
The app will behave as a single point of service for individuals, merchants, financial institutions, and businesses around the globe to process, accept, and facilitate financial and non-financial payments and transactions. This will contribute significantly to the development of economic performance by adopting the most advanced financial technologies.
"We are working to develop the Super App platform to keep up with and even surpass the fast-paced technological advancements the world has seen over the past years in electronic payments and digital solutions. We aim to facilitate and ease the day-to-day financial and non-financial activities of different members of society across Egypt, the Middle East, and Africa," said Waleed Sadek, the Founder and CEO of PaySky.
"The new policies set forth by the Egyptian government have significantly contributed to the widespread use of electronic payments in Egypt, which in turn have had a positive impact on our progress within the Egyptian market."
"This is owed to the directives of the Egyptian government and leadership, which has been keen in developing this sector," emphasised Sadek, highlighting the importance of strategic partnerships between PaySky and service providers to develop the market and facilitate electronic transactions.
"Launching this initiative follows our belief regarding the importance of digital payments in positively influencing the velocity of funds' circulation and wealth augmentation and their impact on building a thriving economy."
Over the next ten years, Sadek announced that the company aims to provide its services to one billion individual consumers and one million companies and merchants in various markets through digital financial services. This comes as part of PaySky's promise to democratise payment solutions to achieve economic prosperity and social welfare.

Clic here to read the story from its source.