NBE, NAT, Metro Company, sign agreement for e-payments at the metro

The National Bank of Egypt (NBE), the National Authority for Tunnels (NAT), and the Egyptian Co. For Metro Management & Operation have signed an agreement to introduce electronic payments for Cairo Metro commuters, Al Mal reports. The agreement, part of the government’s transition towards a “cashless economy,” will bring points of sale to metro ticket kiosks, increase ATMs around stations, introduce a top-up smart card to use on the metro, and allow metro users to apply for prepaid NBE-issued debit cards.