Egyptian start-up Taly has partnered with BPC to use its SmartVista platform to provide digital payment solutions to banks, fintechs, corporates, merchants, and consumers in Egypt. Taly’s entry into the Egyptian market is expected to promote financial inclusion and advance digital transformation.
Facts
- Taly has teamed up with BPC for its SmartVista platform to offer digital payment solutions in Egypt.
- The company’s launch in Egypt aims to increase financial inclusion and support digital transformation in line with Egypt Vision 2030.
- The government and the Central Bank of Egypt’s directives have helped the fintech industry in the country flourish, with an expected 84 million people using digital payments by 2027.
- Taly hopes to support fintechs, start-ups, and payment service providers by providing necessary infrastructure.
- BPC’s tech solutions, including card management, tokenization, acquiring, merchant management, and payment gateways, have enabled Taly to build innovative digital-first solutions for Egyptian consumers.
- BPC’s COO for the Middle East and Africa region, Usama El Sayed, considers Taly a game-changer in the payment industry with the potential to significantly transform the way people interact with financial services.
- Taly CEO Magdy Hassan is confident that the partnership with BPC will allow the company to offer innovative payment solutions to Egyptian consumers.