Egypt introduces new facilities to increase e-collections
Finance Minister Mohamed Maait announced new facilities to encourage citizens to pay government dues via e-payment.
People will be able to pay government dues of more than 10,000 Egyptian pounds at some 4 thousands post office branches and 18 banks starting today, the Finance Ministry said in a statement yesterday.
The banks included; The National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank, Arab African International Bank, Agricultural Bank of Egypt, Arab Bank, National Bank of Greece, United Bank of Egypt, QNB ALAHLI , Bank Audi, Credit Agricole, Ahli United Bank, Suez Canal Bank, Faisal Islamic Bank of Egypt, HSBC, Egyptian Bank for Export Development and Mashreq Bank.
The move is designed to simplify payments for people living in remote villages and increase e-collections.
This comes within the government’s efforts to reach a cashless society, enhance financial inclusion and entrench Digital Egypt pillars, the minister said.
