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.