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Banque Misr Signs a Protocol of Collaboration with Fixed Solutions to Offer its Online Payment Channels via the Unified Electricity Services Platform and Other Digital Platforms
In line with its longstanding commitment to offer electronic payment services, Banque Misr has recently signed a protocol of collaboration with Fixed Solutions for digital transformation and information security services. The protocol was signed by Mr. Ihab Dorra – Head of Retail Banking and Branches at Banque Misr – and Mr. Mohamed Al-Harthy – Executive Director of Services and Business Development at Fixed Solutions, in the attendance of senior executives representing both parties. The protocol seeks to realize integration, technology development and information security services to allow BM electronic channels through the unified electricity services platform and other digital public utility platforms. This is by enabling integration and secured connections between the two parties, such as to ensure the efficiency of transactions performed through the digital platforms.
The protocol is aligned with the state’s strive to capitalize on information technology so as to upgrade the caliber of services offered to citizens that fulfil their needs. The collaboration also represents a successful model of partnership between different sectors to expand cooperation amongst various disciplines to support digital transformation and sustainable solutions that offer electronic payments, with the aim of facilitating access to these solutions. Banque Misr has tirelessly sought the expansion of online payment services in support of the state’s efforts towards financial inclusion, activating electronic payment and collection and the gradual transfer to a cashless society. This is while promulgating a culture of utilizing online payment cards. Worth noting is that the Bank has contracted with numerous government and private universities, as well as other institutions and authorities in contribution of this.
Banque Misr also provisions various services to automate salaries – for the benefit of business, private and public sector companies – through the use of various salary transfer products (salary cards – salary accounts); in addition to the online payment of tax and customs charges. The Bank has also expanded the services included in its BM Wallet range.
Banque Misr constantly supports digital transformation efforts by offering electronic services that facilitate transactions, which contributes to rendering banking and financial services effectively and conveniently. The Bank keenly maintains its long-standing success, together with actively partaking in innovative services that fulfil the needs of its customers, with its strategies and values reflecting an unwavering commitment to sustainable development.