The National Council for Payments issued a number of important decisions, with the aim of transforming Egypt from a society that relies on cash to a cashless one. The decisions also include the mandate of all government agencies that provide public services to the public or manage public facilities to provide non-cash means of payment to its customers. The decisions also include putting together an integrated vision for government services offered to citizens to automate them and provide services electronically. Moreover, the council also decided to exempt citizens from the expenses of opening an account for mobile payment services for one year from the date of issuance of these decisions and reducing the costs of mobile payment services by 50% for six months. He also presented the ministry’s efforts to shift to electronic payment and collection in terms of wages, taxes, customs, and government transactions.

Source: Daily News Egypt June 04, 2017 14:03 UTC