The National Authority for Social Insurance, the National Bank of Egypt, and Fawry for electronic payments have signed a significant protocol to advance electronic payment systems.
By joining forces, these organizations will contribute to Egypt’s digital transformation and financial inclusion objectives by actively promoting and enabling electronic payment mechanisms.
For business owners, insured individuals, pensioners, and beneficiaries, this protocol brings a host of benefits. It will simplify and expedite electronic transactions using bank cards or digital wallets, eliminating the need for cash transactions or manual processing.