Modupay announced its support for Orange Cash service in Egypt, stepping in as a trusted financial technology partner. This move is all about expanding digital financial services and making sure everyone has access to a secure and easy payment experience. This initiative is a big part of Egypt's efforts to boost its digital economy and encourage both individuals and businesses to use electronic payment solutions. Ultimately, it helps bring more people into the modern financial system. Modupay highlighted that this partnership aims to empower even more Egyptians to embrace the digital economy by offering comprehensive and smooth financial services. This will help increase financial inclusion and make advanced digital financial solutions more accessible to users. This step also reflects a global trend: integrating financial technology into our daily lives. Digital financial services have become key tools for supporting economic growth and simplifying financial transactions for individuals and small to medium-sized businesses. The company added that the collaboration between Orange Cash and Modupay is focused on developing even more efficient digital financial services. This includes making financial transactions faster, boosting the security of electronic payments, and expanding the range of services to cover various user groups across the Egyptian market. This integration allows users to access solutions
Tags
Related editorial
Paymob and UnionPay Team Up to Expand Digital Payments Across Egypt, Boosting Global Connections
Exciting news for Egypt's digital payment landscape! Paymob and UnionPay have joined forces to significantly expand UnionPay card acceptance at over 160,000 locations across the country. This fantastic partnership is set to make cross-border payments smoother, giving a big boost to tourism and digital commerce in Egypt.
FRA Dispels Rumors: Non-Banking Financial Companies' Branches Remain Open
The Financial Regulatory Authority (FRA) has debunked recent social media rumors claiming the closure of non-banking financial company branches. The FRA clarified that the decision being circulated is an old one, dating back to October 2025, and specifically does not apply to the non-banking financial companies mentioned in the rumors. The authority assures the public that the sector is operating as usual.
Ahmed Ameer (Asphalt & Sinbad) Explains Egypt's Shift to Smarter Line Haul Pricing
Egypt's inter-city logistics market is undergoing a significant transformation in how 'Line Haul' services are priced. Entrepreneur Ahmed Ameer explains that the industry is moving away from older methods like per-invoice or per-bag pricing towards a more modern 'per-shipment' model. This exciting shift makes logistics services much easier to measure and scale, ultimately boosting operational efficiency and helping businesses manage their costs more effectively.
Bank NXT and EFG Hermes Launch Egypt's First Card to Blend Daily Spending with Investments
Bank NXT and EFG Hermes have teamed up to launch Egypt's first co-branded credit card. This innovative card, designed specifically for EFG Hermes ONE clients, uniquely brings together banking and securities brokerage services, offering a seamless financial experience that connects everyday spending with investment growth.