The transition to digital operations will be facilitated through partnerships with Vlens and Valify Solutions, both of which are registered in the FRA’s outsourcing service provider registry.
The report provides key insights into market trends, regulatory developments, and opportunities for investment in one of the MENA region’s fastest-growing fintech ecosystems.
Google's spokesperson clarified that Google Wallet is initially offering a passes-only experience, allowing users to conveniently store and access boarding passes, event tickets, and loyalty cards in their digital wallet.
The new app was launched by Ibrahim El-Segini, the Head of the Consumer Protection Agency, during a press conference on Sunday.
The announcement comes on the heels of the official launch of Apple Pay, and the Central Bank of Egypt’s (CBE) introduction of payment card tokenization on mobile applications.
