Egyptian Financial Group Hermes (EFG Hermes) has partnered with PayTabs, a global finch firm to launch PayTabs Egypt. EFG Hermes is a leading financial group in frontier emerging markets. The launch of PayTabs Egypt will lead to a cutting-edge platform to promote financial inclusion in Egypt, media reports said.
The platform will drive financial inclusion by catering to both online and digital payment needs across various consumer segments in Egypt. In addition, PayTabs Egypt platform will provide merchants and businesses with a range of payment acceptance methods. This even includes QR codes and payment gateways, media reports said.