ATM deals reach EGP 750bn/yr - Fawry

By: Eslam Fadl

Cairo – Mubasher: The number of transactions implemented through automated teller machines (ATM) amounted to EGP 750 billion per annum, Fawry’s CEO said.

Bank borrowers do not exceed 8% of the banking sector’s customers, Ashraf Sabry added on the sidelines of an economic conference organised by Al Mal Newspaper.

Fawry’s CEO further noted that digitisation will be the communication channel between financial and non-financial organisations over the coming period.

Fawry is an electronic payment platform that provides financial E-payment services.

Translated by: Mohammad Hesham Azab

MUBASHER Contribution Time: 02-Dec-2018 14:38 (GMT)
MUBASHER Last Update Time: 03-Dec-2018 07:08 (GMT)