{"id":634882,"date":"2018-01-28T04:08:14","date_gmt":"2018-01-28T04:08:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/"},"modified":"2018-01-28T04:08:14","modified_gmt":"2018-01-28T04:08:14","slug":"cbe-implements-new-qr-code-based-payments-system","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/","title":{"rendered":"CBE implements new QR code-based payments system"},"content":{"rendered":"

The central bank launched a QR code-based payment system to facilitate electronic payments, CBE Sub-Governor Lobna Helal said, according to Al Borsa<\/a>. The new system, which is now open to all banks which can process e-payments, comes at a much cheaper price than other PoS equipment. The move comes as part of the CBE\u2019s financial inclusion strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank launched a QR code-based payment system to facilitate electronic payments, CBE Sub-Governor Lobna Helal said, according to Al Borsa. The new system, which is now open to all banks which can process e-payments, comes at a much cheaper price than other PoS equipment. The move comes as part of the CBE\u2019s financial […]<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634882","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a0454619-4548-438a-9607-54ec6a5192e8","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"CBE implements new QR code-based payments system","related_issue":[634844],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.be689276-d419-4c14-b77b-d7135d096f73.mp3"},"yoast_head":"\nCBE implements new QR code-based payments system - 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\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE implements new QR code-based payments system\" \/>\n<meta property=\"og:description\" content=\"The central bank launched a QR code-based payment system to facilitate electronic payments, CBE Sub-Governor Lobna Helal said, according to Al Borsa. The new system, which is now open to all banks which can process e-payments, comes at a much cheaper price than other PoS equipment. The move comes as part of the CBE\u2019s financial […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-28T04:08:14+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\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE implements new QR code-based payments system\",\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\",\"name\":\"CBE implements new QR code-based payments system - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-28T04:08:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBE implements new QR code-based payments system\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBE implements new QR code-based payments system - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/28\/cbe-implements-new-qr-code-based-payments-system\/","og_locale":"en_US","og_type":"article","og_title":"CBE implements new QR code-based payments system","og_description":"The central bank launched a QR code-based payment system to facilitate electronic payments, CBE Sub-Governor Lobna Helal said, according to Al Borsa. 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Amer said the technology comes at a much cheaper price than other PoS equipment and can be easily integrated into the local banking network. The move\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":592752,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/05\/cbe-grants-hsbc-emirates-nbd-license-to-use-qr-codes-for-e-payments\/","url_meta":{"origin":634882,"position":1},"title":"CBE grants HSBC, Emirates NBD license to use QR codes for e-payments","author":"enterpriseam admin","date":"5 November 2019","format":false,"excerpt":"The Central Bank of Egypt has granted HSBC and Emirates NBD the e-admission license that uses QR Codes for enhanced electronic payment, according to Al Mal. There are now nine banks in Egypt using this new technology, including the National Bank of Egypt, Banque Misr, CIB, Arab African International Bank,\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":571809,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/01\/central-bank-of-egypt-to-finance-purchase-of-100k-pos-machines-this-year\/","url_meta":{"origin":634882,"position":2},"title":"Central Bank of Egypt to finance purchase of 100k POS machines this year","author":"enterpriseam admin","date":"1 June 2020","format":false,"excerpt":"CBE finances purchase of 100k POS machines: The Central Bank of Egypt (CBE) said it will finance banks\u2019 purchase and distribution of 100k new POS machines this year as part of a wider plan to expand the use of e-payment services, according to a circular (pdf). The CBE will give\u2026","rel":"","context":"In "Speed Round"","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":561472,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/08\/more-financial-inclusion-for-pensioners-paytabs-valu-services-coming-to-lulu\/","url_meta":{"origin":634882,"position":3},"title":"More financial inclusion for pensioners + PayTabs, valU services coming to LuLu","author":"enterpriseam admin","date":"8 April 2021","format":false,"excerpt":"Pensioners will soon have access to \u201cnew electronic channels\u201d to receive and use their monthly payments under an MoU the Central Bank of Egypt (CBE) signed with the National Telecom Regulatory Authority (NTRA), according to a joint statement (pdf) yesterday. The CBE-led initiative will allow more pensioners to use local\u2026","rel":"","context":"In "Finance"","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/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":575481,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/15\/masary-to-help-banque-misr-develop-its-e-payments-services\/","url_meta":{"origin":634882,"position":4},"title":"Masary to help Banque Misr develop its e-payments services","author":"enterpriseam admin","date":"15 October 2020","format":false,"excerpt":"Banque Misr is equipping Ebtikar\u2019s e-payment app Masary with banking services, including QR code payments, Meeza card services, and accepting e-payment cards, according to a statement (pdf).","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":621870,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/cbe-plans-to-increase-electronic-pos-around-egypt-to-1-mn-from-72-5k-by-2021\/","url_meta":{"origin":634882,"position":5},"title":"CBE plans to increase electronic POS around Egypt to 1 mn from 72.5k by 2021","author":"enterpriseam admin","date":"19 November 2018","format":false,"excerpt":"The Central Bank of Egypt plans to increase the number of electronic points of sale around the country to one mn from a current 72.5k by 2021, CBE Sub-Governor for Payment Systems and Business Technology Ayman Hussein tells Al Mal. 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