Digital Wallet Fintech News

EasyCash: An Interoperable ePayment Suite Powered By Wallet Factory Launched In Egypt

EasyCash: An Interoperable ePayment Suite Powered by Wallet Factory Launched in Egypt

EasyCash, a revolutionary digital wallet solution for effortless online payments, has been recently soft-launched for iOS and Android users in Egypt.

Latest Fintech Insights: SVB Financial Group Acquires Technology Equity Research Firm MoffettNathanson LLC

Recently launched in Egypt, #EasyCash—an eWallet app powered by #WalletFactory—provides both mobile consumers and merchants with instant access to digital financial services simplifying the payment process and creating a seamless purchasing experience.

EasyCash has become the first mobile payment application for Wallet Factory that was made to align with the Egyptian interoperability market standards for QR code-based digital payments and acceptance. Via seamless integration through Mastercard and Meeza, the nationwide payment network system, EasyCash enables users to make online payments and access funds wherever, whenever and however they choose.

The finance app launch has been made possible due to enormous efforts of forward-thinking investors and FinTech enthusiasts from Egypt and the United Arab Emirates. That is, the Arabian Gulf Investments Company has acquired key stakes of EasyCash recently.

Browse The Complete News About Fintech : Crypto-collateralized Lending Offered By PayBito Gains Market Favor

“Technology innovations usher in digital transformation and financial inclusion growth in the region,” said Hesham Omran, CTO of EasyCash. “The application encourages consumers and merchants in Egypt towards the adoption of digital payments.”

Wallet Factory is happy to be a software vendor for developing the EasyCash payment ecosystem. With expertise in implementing financial solutions in the region, Wallet Factory took responsibility for facilitating end-to-end product development. Along with the EasyCash team, the company carried out a compliance check, penetration testing, and third-party integration.

“Wallet Factory enables banks and mobile wallet operators with reliable eWallet solutions ensuring faster time-to-market rates,” said Michael Miro, CEO of Wallet Factory. “Speaking of EasyCash, the Wallet Factory team succeeded in delivering the full-fledged finance app that truly meets and exceeds the business and end user expectations.”

Read More About Fintech News Genesis Custody Approved By UK FCA As Registered Cryptoasset Business

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Puerto Rico Federal Credit Union Selects Finastra To Power Its Members’ Digital Banking Experience

Fintech News Desk

REPX Selects WISeKey’s WISeID Technology to Secure Its Applications for the Sports Fans Ecosystems

Fintech News Desk

cnvrg.io ML Insider 2022 Survey Reveals AI Investment will Increase Despite Economic Recession

Fintech News Desk
1