Cairo – Mubasher: Contact Pay signed a strategic partnership agreement with Al Ahly Momkn to facilitate payment operations for Contact's customers in Egypt, according to a press release.
The partnership will secure the option to pay Contact installments through Al Ahly Momkn's payment channels. This will be implemented through Al Ahly Momkn's branches and points of sale (POS) across the Arab Republic, with over 90,000 POS and more than 5 million users.
Under the agreement, the two parties will join forces to boost access for customers to Contact's services through Al Ahly Momkn's extensive coverage.
Ahmed Abdel Hakim, Managing Director of Contact Pay, said: “This agreement opens up new horizons for customers to conduct their financial transactions smoothly and easily nationwide."
Mohab Gamal, Deputy CEO of Al Ahly Momkn, commented: "We are confident that this step will enhance our customers' ability to access Contact's services more easily and quickly through our branches and POSs spread across the country."
On his part, Ahmed Enayet, the Managing Director and CEO of Al Ahly Momkn, highlighted that the collaboration aligns with their expansion strategy and provides diversified services, which will reinforce secure, easy, and fast payment services for consumers in the Egyptian market.
