Cairo – Taly announced the launch of its full-fledged ecosystem for digital payments and collection solutions in the Egyptian market with more than EGP 500 million worth of investments.

Taly’s solutions will endorse banks, corporates, merchants, fintechs, and consumers through a seamless ecosystem, backed by one of the largest on-soil infrastructures in the MENA region, according to a press release.

CEO of Taly, Magdy Hassan, said: “Taly seeks to become the strategic catalyst advancing digital transformation in the Egyptian market while exporting its innovative solutions to the region.”

Hassan added: “Taly is committed to empowering all its stakeholders by providing state-of-the-art digital payment solutions, introduced for the first time ever in Egypt, where Taly offers tailor-made solutions for each stakeholder.”

The entity aims to foster the financial sector while empowering fintech startups in implementing their ideas through the appropriate infrastructure. It further offers a well-rounded digital solution for instant payment acceptance and collections; enterprises and merchants will be able to manage, control, and settle their payments instantly through digital solutions.

It also offers unique features for cards enabling customers to control their cards in real time and monitor personal and family cards. In addition, it enables banks and financial institutions to manage their buy-now-pay-later (BNPL) services.

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