2022-04-27 | CBE10.7

CBE Regulation Book 10.7 - The Central Bank Of Egypt'S Electronic Payment Initiative

The Central Bank of Egypt is committed to providing equal access to financial services for all citizens and increasing the use of these services in a secure, easy, and affordable manner. To achieve this, the bank is continuously supporting the payment systems infrastructure and providing various electronic means to banks to help them promote digital financial services and achieve higher levels of financial inclusion. In light of the challenges facing electronic acceptance in Egypt, the Central Bank of Egypt has launched an initiative to increase and activate electronic payment channels, including the deployment of 100,000 new electronic points of sale (POS) and the use of Quick Response (QR) codes for electronic acceptance.

Egypt

Central Bank of Egypt

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