eFinance for Digital and Financial Investments has joined forces with Arab Bank to launch an innovative service for government payments, integrated into Arab Bank’s corporate digital platform, “ArabiConnect.” This collaboration underscores eFinance’s leadership in providing cutting-edge electronic payment and collection solutions while supporting Egypt’s broader digital transformation goals.
Through this partnership, eFinance empowers Arab Bank’s corporate clients to seamlessly handle critical transactions, such as customs duties and tax payments, entirely online. By integrating its advanced digital payment systems into “ArabiConnect,” eFinance enables businesses to complete government payments securely and efficiently, saving time and resources while eliminating the need for branch visits.
Mr. Ibrahim Sarhan, Chairman and CEO of eFinance investment group, stated:
“Our collaboration with Arab Bank reflects eFinance’s commitment to continuously advancing digital financial services and electronic payment systems across the banking sector. With over EGP 1 trillion in annual government payment transactions, eFinance is proud to be a fundamental driver of Egypt’s digital economy, facilitating new payment channels that meet the evolving needs of clients.”
This partnership leverages eFinance’s robust infrastructure and expertise in digital transformation, ensuring secure and seamless payment solutions for Arab Bank’s clients. As the leading provider of electronic financial networks in Egypt, eFinance plays a pivotal role in enabling institutions like Arab Bank to provide innovative services that align with global banking trends.
By powering services like the “ArabiConnect” platform, eFinance continues to solidify its position as the preferred partner for organizations seeking to enhance their digital capabilities, streamline payment processes, and contribute to Egypt’s transformation into a cashless, digitally integrated economy.
