House postpones final vote on e-Payments Act

LEGISLATION WATCH- The House general assembly postponed its final vote on the E-Payments Act after MPs failed to reach quorum on Sunday, Al Ahram reports. It’s unclear when the vote will be rescheduled or when our esteemed representatives plan to grace the 21st century with their presence in parliament. The law drafted by the CBEmakes it mandatory for government and private sector entities to make all payments to subsidiaries, suppliers and contractors electronically. The law comes as part of the government’s push for a cashless, paperless society.