|
|
|
|
|
New Start-Up Bill Payment Firm Launches In Egypt
Published Nov 25, 2009
|
A new Egyptian start-up bill payment firm has announced it will launch operations in January. Fawry, Arabic for immediate, aims to ease hassle for consumers, billers and lenders by as intermediary, alerting a customer via email or text message when a bill is due and how much needs to be paid. The customer can then authorise Fawry to pay the bill, or access their own bank account to pay the bill online, over the phone, at a cash machine, or via Fawry's branded shops. The firm has signed up four banks - Credit Agricole and Bank of Alexandria along with state-owned Banque Misr and Banque du Caire - and expects agreements with National Bank of Egypt and Arab African International and another unnamed bank soon.
Posted by
VMD - [Virtual Marketing Department]
|
|
|
