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Arab Finance – Electronic Payments of Electronic Payments launches the paper collection and deposit service for sales delegates


A guarantor of electronic payments launches the digital collection and deposit service for sales delegates

Arab Finance: In the context of its commitment to developing innovative and safe financial solutions, the “guarantor of electronic payments” company announced the launch of its new service for companies (B2B), which allows sales delegates to collect money from customers or traders, then deposit them directly through the “guarantor” and sales (POS) network, so that these amounts are transferred to the company digitally and safely, according to the statement sent on June 22.

The service is based on direct communication with companies dealing with our customers to collect their financial dues, which saves time and effort on financial teams, and ensures a more stable cash flow.

The service targets various types of institutions, whether it is working in distribution, manufacturing, services or other sectors, as it aims to accelerate the financial transfer process and achieve the highest levels of transparency and safety.

Companies benefit from the widespread geographical spread of the “guarantor” merchants network and outlets, as we provide more than 100,000 selling points distributed in all governorates of Egypt, along with more than 25 branches at the level of the Republic, which facilitates sales representatives to complete the deposits quickly and easily from anywhere, without the need to return to the company's headquarters.

Engineer Sameh Al -Mallah, CEO of Damen Company, said in a statement about the new service: “We aim, through the collection service for sales representatives, to redefine the collection process for companies, so that it is safer and more flexible.

Engineer Sameh Al -Mallah added: “The new service helps in building a risk -free financial environment, and more compatible with the requirements of digital transformation.

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