The electronic payment and collection services reached EGP 8.1trn, with 607.3 million transactions. The electronic payment and collection services for Egyptian taxes were EGP 1.9trn. The collection service through government electronic point-of-sale machines (GPOS) was EGP 154.6bn, and the collection value through the government’s online payment gateway was EGP 1.5bn. He also mentioned a significant expansion in electronic collection services through integrated collection companies with the Government Electronic Payment and Collection Center, achieving about EGP 2.9bn in government revenues. The total value of salary payments was EGP 1.071trn, and electronic payment service for suppliers was EGP 3.8trn.

Source: Daily News Egypt January 04, 2024 22:51 UTC