Taly launches inclusive digital payment ecosystem in Egypt

  • Date: 01-Mar-2023
  • Source: Zawya
  • Sector:Technology
  • Country:Egypt
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Taly launches inclusive digital payment ecosystem in Egypt

Taly has introduced its full-fledged ecosystem for digital payments and collection solutions in Egypt, according to an emailed press release on February 28th.

The newly launched solutions will support banks, corporates, merchants, fintech, and consumers through a seamless ecosystem, backed by one of the largest on-soil infrastructures in the MENA region.

The impacts of the comprehensive ecosystem will be consistent with the growing demand for digital transformation by banks, corporates, and the entire business community.

The launch comes in line with the objectives of the Central Bank of Egypt’s (CBE) strategy towards turning into a 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 500 million,” Magdy Hassan, Chief Executive Officer of Taly.

“Taly is committed to empowering all its stakeholders by providing state-of-the-art digital payment solutions, introduced for the first time ever in Egypt, where Taly offers tailor-made solutions for each stakeholder,” Hassan added.

Taly is a digital payment company that offers a full-fledged digital payment ecosystem by providing a wide range of solutions that enable a