{"id":600715,"date":"2019-02-07T03:21:26","date_gmt":"2019-02-07T03:21:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/"},"modified":"2019-02-07T03:21:26","modified_gmt":"2019-02-07T03:21:26","slug":"finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/","title":{"rendered":"FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <b>The Finance Ministry will make electronic payment of gov\u2019t fees mandatory by early May<\/b> for amounts exceeding EGP 500, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Press\/Pages\/news6-2-2019.aspx\">according to a ministry statement<\/a>. The ministry is planning to have installed by April some 22k ATMs and points-of-sale (PoS) across government service offices. We picked up a Cabinet statement <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/29\/cabinet-signs-off-on-making-all-govt-transactions-in-egypt-electronic-next-year\/\">last November<\/a> saying all transactions would have to go electronic by January, but the date seems to have been pushed back. The move is part of the ministry\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/09\/18\/finmin-to-issue-global-tender-for-company-to-implement-new-electronic-billing-system-once-e-payments-act-is-passed\/\">new billing system<\/a>, and of the government\u2019s plan to gradually transition towards a cashless, paperless economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Ministry will make electronic payment of gov\u2019t fees mandatory by early May for amounts exceeding EGP 500, according to a ministry statement. The ministry is planning to have installed by April some 22k ATMs and points-of-sale (PoS) across government service offices. We picked up a Cabinet statement last November saying all transactions would [&hellip;]<\/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":[8572],"tags":[72,183,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600715","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-fintech","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9233a4ea-20e7-40db-878d-fffb24015a54","is_powered_by":true,"section_story_id":"b681113a-3144-4ab9-96b4-7fbd2cdf8f76","story_type":"1","photo_url":"","photo_position":"above","related_issue":[600705],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May - 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\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May\" \/>\n<meta property=\"og:description\" content=\"The Finance Ministry will make electronic payment of gov\u2019t fees mandatory by early May for amounts exceeding EGP 500, according to a ministry statement. The ministry is planning to have installed by April some 22k ATMs and points-of-sale (PoS) across government service offices. We picked up a Cabinet statement last November saying all transactions would [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-02-07T03:21:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May\",\"datePublished\":\"2019-02-07T03:21:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\"},\"wordCount\":108,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Fintech\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/02\/07\/finmin-to-make-e-payments-of-govt-fees-over-egp-500-mandatory-in-may\/\",\"name\":\"FinMin to make e-payments of gov\u2019t fees over EGP 500 mandatory in May - 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The House of Representatives\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648456,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/04\/govt-to-make-using-fuel-smartcards-mandatory-next-fiscal-year\/","url_meta":{"origin":600715,"position":2},"title":"Gov\u2019t to make using fuel smartcards mandatory next fiscal year","author":"enterpriseam admin","date":"4 April 2017","format":false,"excerpt":"Mandatory smart cards, fuel prices hikes expected next fiscal year: The government is planning to raise fuel prices next fiscal year in effort to keep subsidies spending on budget, unnamed government sources tells Al Shorouk. Separately, the government is also planning to make using fuel smartcards mandatory next fiscal year\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601854,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/12\/egypt-parliament-approves-e-payments-act\/","url_meta":{"origin":600715,"position":3},"title":"Egypt parliament approves E-Payments Act","author":"enterpriseam admin","date":"12 March 2019","format":false,"excerpt":"LEGISLATION WATCH- The House of Representatives\u2019 general assembly approved the E-Payments Act yesterday, Al Shorouk reports. The law drafted by the CBE makes it mandatory for government and private sector entities to make all payments to subsidiaries, suppliers, and contractors electronically. The bill also demands electronic payment for big-ticket items\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621957,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/22\/govt-looks-to-raise-stamp-tax-on-phone-lines\/","url_meta":{"origin":600715,"position":4},"title":"Gov\u2019t looks to raise stamp tax on phone lines","author":"enterpriseam admin","date":"22 November 2018","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t looks to raise stamp tax on phone lines: The Finance Ministry could raise the stamp tax on phone lines through legislative amendments now on the drafting table, a ministry source told Enterprise. Mobile network customers currently pay EGP 6 a year in stamp tax dues for their credit\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624673,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/16\/govt-to-use-fines-to-enforce-e-payments-for-govt-services-and-transactions-in-jan\/","url_meta":{"origin":600715,"position":5},"title":"Gov\u2019t to use fines to enforce e-payments for gov\u2019t services and transactions in Jan","author":"enterpriseam admin","date":"16 September 2018","format":false,"excerpt":"The Finance Ministry will enforce mandatory electronic payments to government bodies in January 2019 as per the newly amended Government Accounting Act, according to a ministry statement cited by the local press. This will include fines.","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=600715"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600715\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600705"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600715"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600715"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}