The Egyptian Microfinance Federation (EMF) organised on Wednesday a panel discussion on the possibility of launching a mobile payment portal for the use of micro financing associations and institutions.
EMF Chairperson Mona Zulficar had coordinated with the Central Bank of Egypt (CBE) and the Egyptian Financial Supervisory Authority (EFSA) to facilitate mobile payment procedures for micro-entrepreneurs, associations, and companies operating in this activity.
During the seminar, PayMob presented the mechanisms of the work of a unified portal, which will be the link between NGOs and financial institutions and the banks and mobile operators.
