Egypt’s e-payments transactions at EGP 37bn

Egypt’s Minister of Finance Mohamed Maait has announced that electronic payments (e-payments) made in the past 23 months to suppliers and state employee salaries were recorded at EGP 628bn and EGP 377bn, respectively.

Maait said the system of e-payment and the collection of government dues has performed strongly since its inception until March 2021.

The minister added that these total government e-payments to suppliers and state employees through the advanced system took place in addition to 13.5 million transactions worth EGP 37bn using government electronic collection points.

He further noted that no additional fees are collected from citizens when paying government dues electronically. This is due to the state’s public treasury bearing commissions decided for the electronic payment service through collection machines.