Arab Finance: The National Organization for Social Insurance (NOSI) has signed a cooperation protocol with the National Bank of Egypt (NBE) and Fawry for Banking Technology and Electronic Payment to activate e-payment mechanisms for several entities, as per a statement.
Under this protocol, customers, including businessmen, insured, pensioners, and beneficiaries, will conduct cashless e-payments via credit cards or e-wallets.
The agreement comes within the framework of the country’s strategy to achieve digital transformation and financial inclusion.