Credit card payments at the post office

The National Postal Authority, Banque Misr, and Visa signed an MoU that will allow Banque Misr to extend some services through post offices around the country, according to an ICT Ministry statement. The agreement, a step forward in the way of financial inclusion, will see Banque Misr add more ATMs to post office branches as well as offer services such as cash transfers and credit card payments in order to reach a wider segment of the population and encourage the transition away from cash.