{"id":565943,"date":"2021-05-18T13:38:41","date_gmt":"2021-05-18T13:38:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/banque-du-caire-to-launch-its-tally-e-payments-arm-by-year-end\/"},"modified":"2021-05-18T13:38:41","modified_gmt":"2021-05-18T13:38:41","slug":"banque-du-caire-to-launch-its-tally-e-payments-arm-by-year-end","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/banque-du-caire-to-launch-its-tally-e-payments-arm-by-year-end\/","title":{"rendered":"Banque du Caire to launch its Tally e-payments arm by year-end"},"content":{"rendered":"

<\/a> State-owned Banque du Caire will roll out its new e-payments arm, dubbed \u201cTally\u201d, by the <\/strong>end of this year<\/strong>, a source familiar with the matter at the bank told Enterprise. The bank has finished setting up the new entity and already obtained the necessary approvals from the Central Bank of Egypt (CBE) and regulatory authorities, the source added. We still don\u2019t have a lot of details about the new entity, but the source said it will facilitate transactions made over POS systems.<\/p>\n

Background:<\/strong> BdC first announced its plan<\/a> to set up a digital arm last September, and is reportedly looking to partner with a foreign investor<\/a>. The bank received approval from the central bank last year.<\/p>\n","protected":false},"excerpt":{"rendered":"

State-owned Banque du Caire will roll out its new e-payments arm, dubbed \u201cTally\u201d, by the end of this year, a source familiar with the matter at the bank told Enterprise. The bank has finished setting up the new entity and already obtained the necessary approvals from the Central Bank of Egypt (CBE) and regulatory authorities, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10125],"tags":[204,726,633],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565943","post","type-post","status-publish","format-standard","hentry","category-speed-round-banking","tag-banking","tag-banque-du-caire","tag-enterprisepm","wpautop","entry"],"acf":{"mongo_id":"e875533d-d758-43d5-9fe1-aff9130f0091","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565935],"teaser":"","voice_url":""},"yoast_head":"\nBanque du Caire to launch its Tally e-payments arm by year-end - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/banque-du-caire-to-launch-its-tally-e-payments-arm-by-year-end\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire to launch its Tally e-payments arm by year-end\" \/>\n<meta property=\"og:description\" content=\"State-owned Banque du Caire will roll out its new e-payments arm, dubbed \u201cTally\u201d, by the end of this year, a source familiar with the matter at the bank told Enterprise. 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The Central Bank of Egypt approved Fawry\u2019s request to set up a remittance transfer service with a local bank last\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601226,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/banque-du-caire-close-to-issuing-450k-meeza-debit-cards\/","url_meta":{"origin":565943,"position":4},"title":"Banque du Caire close to issuing 450k \u201cMeeza\u201d debit cards","author":"enterpriseam admin","date":"21 February 2019","format":false,"excerpt":"Banque du Caire has begun issuing \u201cMeeza\u201d debit cards, CEO Tarek Fayed said, according to Al Mal. The state-owned bank plans to issue 450,000 cards this year, Youm7 reports. 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