Contact Pay, Basata team up to boost e-payment infrastructure in Egypt

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The agreement also aims to expand the horizon of digital financial services provided by Contact Pay across the country, reaching a wider customer base by leveraging Basata’s network

Staff Writer, Arab Finance

September 9, 2024

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Contact Pay, a subsidiary of Contact Financial Holding, has signed a partnership agreement with a subsidiary of Basata Holding for Financial Payments to bolster the e-payment infrastructure in Egypt, as per an emailed press release.

The agreement also aims to expand the horizon of digital financial services provided by Contact Pay across the country, reaching a wider customer base by leveraging Basata’s network.

This collaboration also enables both sides to provide more inclusive e-payment solutions, including installment collection services for Contact’s customers and the availability of Contact’s installment services on Basata’s collection machines.

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