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Payment made easy in Egypt

Last week witnessed the introduction of two new payment processing services in Egypt.
31.07.11 | Source: Egyptian Gazette

Last week witnessed the introduction of two new payment processing services in Egypt from two competing companies ironically at the same day, same time.

On one hand, Bee announced the official launch of its services in the Egyptian market. Bee Smart Payment Solutions will be providing a unique ‘one-window, one-stop’ means to the Egyptians to pay different services through a nationwide integrated network of outlets and payment points and at no additional fees for its current services.
“Bee is in the business of providing the able technology to transform any selling point; be it small merchants, supermarkets, pharmacies, bookstores, kiosks or even persons into a Bee payment collection point; AKA Bee Agent. Our Bee agents will be equipped with reliable, secure and fast payment solutions where any Bee user can settle bills, pre paid lines and subscription to various services, within seconds and at no collection cost.” said Alex Lyon, Managing Director, Bee Egypt.
“Egypt is a substantial market in the region where we expect to thrive with our unrivalled payment solutions, a long list of existing and potential partners which make the portfolio of different services Bee continues to cover, the extensive network of outlets which will amount to 10,000 agents throughout the country by the beginning of next year, not to mention the additional services we will introduce to our users,” added Lyon.

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