logo
Egypt: ContactNow integrates BNPL services into Kashier's payment gateway

Egypt: ContactNow integrates BNPL services into Kashier's payment gateway

Zawya07-07-2025
Arab Finance: Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has partnered with online payment platform Kashier to integrate its buy now, pay later (BNPL) service into Kashier's payment system, as per an emailed press release.
The move aims to expand ContactNow's digital presence while offering customers more flexible installment-based payment options.
The partnership supports Contact's broader strategy to enhance its digital services and respond to increasing demand for technology-driven financial tools in Egypt.
The ContactNow app provides a range of digital financing solutions designed to support everyday purchases.
Through this collaboration, users will have access to installment plans through Kashier's payment gateway, in line with Egypt's transition toward digital and cashless payment systems.
The initiative also reflects Contact's focus on financial inclusion and digital adoption, as consumer preferences continue to evolve toward more accessible and tech-integrated payment options.
© 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tanmeyah leads the Development of El Zaharaa Square in Al Maadi as part of its ESG commitment
Tanmeyah leads the Development of El Zaharaa Square in Al Maadi as part of its ESG commitment

Zawya

time7 minutes ago

  • Zawya

Tanmeyah leads the Development of El Zaharaa Square in Al Maadi as part of its ESG commitment

Cairo, Tanmeyah, a subsidiary of EFG Holding, and a leading provider of innovative and integrated financial solutions for small business owners and entrepreneurs has spearheaded the development of El Zaharaa Square, a major public space located at the intersection of Al Zahraa Street and El Khamseen Street in Al Maadi, in a move that underscores its steadfast commitment to community development and environmental sustainability. This initiative is a key milestone in Tanmeyah's broader Environmental, Social, and Governance (ESG) strategy, reflecting the company's long-term vision to enhance public spaces and improve quality of life for the communities it serves. The project was executed in close coordination with several key stakeholders, including the Cairo Governorate, the Office of the Deputy Governor for South Cairo, the Al Basateen and Al Maadi District Authorities, the National Organization for Urban Harmony and the Cleaning and Landscaping Authority. It was undertaken under the esteemed patronage of the Financial Regulatory Authority. This collaboration builds on Tanmeyah's ongoing partnerships with local authorities, having previously joined forces with the Al Basateen District and the National Organization for Urban Harmony in December 2024 to redevelop Palestine Square and Ahmed Abd El-Azeem Street in Al Maadi—further underscoring the company's sustained commitment to enhancing public spaces and fostering community development in the areas it operates. Spanning 8,600 square meters, El Zaharaa Square is one of the largest public squares in Greater Cairo. Its selection for this development project was a strategic one—its central location in Al Maadi, where Tanmeyah is headquartered, makes it a focal point for positive urban transformation. Jinu Johnson, CEO and Managing Director of Tanmeyah, commented: 'This initiative is a testament to our deep-rooted belief that businesses thrive when communities flourish. By enhancing El Zaharaa Square, we're not just improving infrastructure—we're helping create a more vibrant, inclusive, and livable urban space for everyone. It's a meaningful step in our ongoing journey toward sustainability and shared growth.' This development marks another chapter in Tanmeyah's ongoing efforts to integrate sustainability into its operations while giving back to the community through impactful, long-lasting initiatives. Abou t Tanmeyah Tanmeyah is one of Egypt's leading providers of innovative and integrated financial solutions for small business owners and entrepreneurs. Founded in 2009 and acquired by EFG Holding in 2016, Tanmeyah offers a comprehensive range of products and services specifically designed to empower entrepreneurs in underserved areas and communities across Egypt. These include financing solutions, insurance services, and digital payment tools, delivered through its extensive branch network and digital platforms, and in collaboration with strategic partners—enabling clients to grow and manage their businesses effectively. This is rooted in the company's role in supporting the local economy, combating poverty, raising financial literacy, and elevating the well-being of underserved communities. Through ongoing digital transformation and the promotion of cashless transactions, Tanmeyah also contributes to reducing carbon emissions and enhancing financial inclusion. Since its inception, Tanmeyah has issued nearly 3 million financing facilities for projects of various sizes and sectors. The company currently operates over 354 branches across 25 Egyptian governorates, serving more than 50,000 new clients each month, and supported by a near of 6,000 employees.

HSBC names Mohammed Fannouch co-head of capital markets and advisory for MENAT region
HSBC names Mohammed Fannouch co-head of capital markets and advisory for MENAT region

Zawya

time7 minutes ago

  • Zawya

HSBC names Mohammed Fannouch co-head of capital markets and advisory for MENAT region

HSBC has appointed Mohammed Fannouch as co-head of capital markets and advisory (CMA) for the Middle East, North Africa and Turkey (MENAT), the bank said in a statement on Monday. Fannouch, who joined HSBC in 2008, will continue to be based in Saudi Arabia's capital Riyadh, where he most recently served as co-head of the investment banking franchise in the kingdom. He will lead the CMA business with Samer Deghaili, who is based in the United Arab Emirates. "With our MENAT CMA leadership now based in two key financial hubs, the UAE and Saudi Arabia, we will be even better placed to partner with our clients and support them as they navigate the region's growth potential," Adam Bagshaw, HSBC's global head for CMA, said in the statement. HSBC has been scaling back its worldwide operations as part of a global overhaul started last year that left the operation more focused on M&A and equity capital market capabilities in Asia and the Middle East. Under the restructuring, the Asia-focused bank started winding down its M&A and some equities businesses in Europe and the Americas earlier this year. (Reporting by Federico Maccioni Editing by Mark Potter)

MBRF secures Egypt's Media and Digital Transformation Foundation Award
MBRF secures Egypt's Media and Digital Transformation Foundation Award

Zawya

time37 minutes ago

  • Zawya

MBRF secures Egypt's Media and Digital Transformation Foundation Award

The Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) secured the 'Best Knowledge and Innovation-Supporting Institution in the Arab World' title for 2025 for its groundbreaking efforts to empower Arab generations with essential tools for knowledge and innovation, as well as to promote societies based on science, critical thinking, and creativity. The award was presented by Egypt's Media and Digital Transformation Foundation. This prestigious honor celebrates MBRF's long-standing legacy spanning over 25 years of promoting education and innovation. The Foundation has established several educational ecosystems fostering education, entrepreneurship, and research and development (R&D), as well as launching strategic initiatives that have significantly advanced knowledge creation and sharing in Arab communities. Through strategic initiatives and transformative programs, the Foundation has taken a leading role in shaping knowledge-based societies throughout the Arab world. H.E. Jamal bin Huwaireb, CEO of MBRF, said: 'We are honored to receive this distinguished award, which reaffirms our steadfast commitment to knowledge as the foundation of progress. It represents both a valued addition to our collection of accolades and validates our intellectual and knowledge-based mission. At MBRF, we believe that investing in people is the most powerful investment a nation can make. Guided by the vision of our wise leadership, we remain dedicated to serving as a beacon for Arab creativity, building knowledge-based societies, empowering individuals, and inspiring innovation across the region and beyond.' H.E. further commended the Media and Digital Transformation Foundation in Egypt for its influential role in promoting creative and digital media across the Arab world, fostering an innovative, technology-driven media landscape through its persistent efforts. He praised the Foundation's Media Creativity Competition as a crucial platform for discovering and supporting emerging talent, while celebrating the region's rich creative potential across various media sectors. With a growing portfolio of impactful initiatives, the Mohammed bin Rashid Al Maktoum Knowledge Foundation continues to drive a culture of learning, innovation, and sustainable development. Its efforts remain essential in laying the foundation for a thriving knowledge economy focused on empowering individuals, enhancing capacities, and creating supportive conditions for knowledge creation and sharing across the Arab world and internationally. -Ends- For further information, please contact: Orient Planet Group (OPG) Email: media@ Website:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store