EFG Hermes Finance’s valU is in talks with six e-commerce companies to extend its payment-on-instalment services to more online shoppers, EFG Finance CEO Walid Hassouna said, according to Al Mal. The company expects items purchased online to account for 10% of next year’s sales. He added that the company was planning to expand to three or four additional governorates other than Cairo, Alexandria, and Hurghada.

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