Arab FinancePayTabs Egypt, which has won several awards in electronic payment processing in the Middle East and North Africa region, announced the signing of a strategic partnership agreement with Azimut, a leading international company in the field of managing investment funds and securities portfolios in Egypt, according to the statement sent on November 24. .
Under this partnership, clients will be able to settle electronic payments on their trading accounts and investment funds on Azimut's Aziinvest platform using direct and prepaid debit cards.
This initiative is one of the notable achievements in the field of digital payments for stock trading transactions in Egypt. It is worth noting that this partnership was signed after obtaining the approval of the Central Bank of Egypt regarding the acceptance of direct debit and prepaid cards in stock trading.
This innovative initiative aims to provide electronic payment solutions and benefits to the investment sector, as it is designed to facilitate the financial experience of customers and enable them to transfer funds to their accounts seamlessly to enhance their investment transactions.
This initiative is also a testimony to the commitment of PayTabs Egypt and Azimut to provide safe and easy-to-use payment solutions equipped with the latest features and services to help them achieve their savings and investment goals.
In this context, Karim Eyada, General Manager of PayTabs Egypt, said that signing a cooperation agreement with Azimut Egypt represents a prominent step in the Egyptian investment market, pointing out the importance of this partnership in providing digital payment solutions for stock trading using direct and prepaid debit cards.
Eyada also stressed PayTabs Egypt's commitment to supporting companies to adopt the latest technological solutions to enhance customer experiences, adding that this partnership is in line with the company's primary mission of facilitating and developing payment transactions in all sectors.
For his part, Ahmed Abu Al-Saad, CEO of Azimut Egypt and Head of Regional Asset Management in the Middle East, North Africa and Turkey, expressed his happiness that the company has written a new chapter of achievements in the non-banking financial sector by launching the azinvest platform, which is a comprehensive digital platform that allows investors to have access with a click. One to all Azimuth funds covering multiple asset classes including cash funds, fixed income funds, equities, gold and Sharia-compliant funds.
Abu Al-Saad added that the platform is the first of its kind in Egypt, and is designed to enable customers to complete their transactions online without the need to visit branches or sign documents.
Abu Al-Saad also expressed his pride in signing a cooperation agreement with PayTabs Egypt to provide payment solutions for the platform’s users and help them achieve all their savings and investment goals easily, stressing his confidence in this partnership, which will result in achieving a positive return by adopting the best technological solutions to provide different payment channels for investors to help them. In making sound and appropriate investment decisions.
Related news
