Taly introduces full-fledged digital payment ecosystem

  • Date: 28-Feb-2023
  • Source: Zawya
  • Sector:Technology
  • Country:Egypt
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Taly introduces full-fledged digital payment ecosystem

- Hassan: With over EGP 500M worth of investments, Taly is the first full-fledged Ecosystem for digital payments and collection solutions in Egypt.

Cairo: Taly announced the launch of its comprehensive ecosystem for digital payments and collection solutions in Egypt. The official launch came during a press conference, wherein Taly introduced its pioneering solutions that enables banks, corporates, merchants, fintechs and consumers through a seamless ecosystem, backed by one of the largest on-soil infrastructures in the MENA region.

In light of the increasing demand for digital transformation by banks, corporates and the entire business community, Mr. Magdy Hassan, Chief Executive Officer of Taly, highlighted the impact of Taly’s services on the Egyptian market, in line with the objectives of the Central Bank of Egypt (CBE) in regard to cashless economy and Egypt Vision 2030.

“Taly seeks to become the strategic catalyst advancing digital transformation in the Egyptian market while exporting its innovative solutions to the region, as Taly is the first full-fledged digital ecosystem for payments and collection services solutions, with total investments of EGP 500M,” Mr. Hassan stated.

Mr. Hassan also added, “Taly is committed to empowering all its stakeholders by providing state-of-the-art digital payment solutions, introduced for the first time ever in