Banque Misr signs a cooperation protocol with New Giza University to provide electronic payment and collection services

Books: Iman Al-Wasili and Fathi Al-Sayeh

Banque Misr recently signed a cooperation protocol with New Giza University to provide payment services and electronic collection of expenses and tuition fees. The protocol was signed by Mohamed El-Etreby – Chairman of Banque Misr Board of Directors, and Dr. Ahmed Sameh Farid The President of New Giza University, and the signing was attended by a group of bank and university leaders. The cooperation protocol included distributing prepaid cards (a feature) to university students, and activating the Bank of Egypt “BM-Wallet” wallet for students, in addition to installing vending machines. Terminal “pos” and automatic teller machines inside the university, and this has been linked to the university’s website on the internet so that students can pay fees through the site.

This step comes within the framework of Banque Misr’s plan to expand the field of electronic collection via the Internet and in line with the policy of A country to spread the culture of financial inclusion, activate electronic payment and collection services, and gradually shift towards a cashless society through dealing with electronic payment cards and spreading awareness of them. It is worth mentioning that the bank has contracted with more than A public and private university.

This Banque Misr has achieved a new boom in the field of electronic payments recently, as the bank has developed an integrated system to automate all government payments, whether those targeting workers in the state’s administrative apparatus represented in the mechanization of their salaries, or those related to the receipts of government agencies due to them (taxes – customs). ; And that is through the automation of those payments and the development of modern mechanisms and techniques that the bank has published through all its branches that reach more than 653 branch and banking unit Spread throughout the Republic, as well as by keeping pace with the latest findings of the Egyptian market in this field, which allows companies to pay government payments due to them at their workplaces using Corporate Payment Service “CPS” technology via the Internet.
This boom is an extension of what the bank established in the field of electronic payment cards as the first Egyptian bank to provide this type of services For customers, which he worked on developing through the use of the latest international systems in the field of electronic payments technology, which qualified him to obtain the PCI-DSS certificate as the first Egyptian bank to obtain this certificate. It is worth noting that the number of payment cards (credit – instant debit – prepaid) Payroll cards) issued by the bank amount to about 6 million cards.

Banque Misr is always keen to provide everything that is new and distinctive in the field of Electronic payment services, and other banking services and products in order to facilitate its customers and meet their needs. The bank also works to enhance the excellence of its services, maintain its long-term success and actively participate in services that meet the needs of its customers, as the values ​​and strategies of Banque Misr always reflect the bank’s commitment to sustainable development.