Taly has unveiled its comprehensive digital payments ecosystem and collection solutions in Egypt as part of the company’s broader strategy to empower its stakeholders through state-of-the-art digital payment solutions.
The payments firm said it introduced pioneering solutions that facilitate payments between banks, corporates, merchants, fintechs and consumers through a seamless ecosystem.
The company offers comprehensive digital solutions for instant payment acceptance and collections as corporates and merchants are enabled to manage, control and settle all their payments, instantly through digital solutions suitable for all segments to increase their profitability.
“Taly seeks to become the strategic catalyst advancing digital transformation in the Egyptian market while exporting its innovative solutions to the region, as Taly is the first full-fledged digital ecosystem for payments and collection services solutions, with total investments of EGP 500 million,” said Magdy Hassan, the Chief Executive Officer of Taly.
The digital payments solution provider helps merchants to expand their business online through e-commerce with convenient digital solutions as well as obtaining digital financing through banks and financing corporations.
Taly offers a wide range of digital solutions for banks and their customers like tokenisation, offers unique features for cards enabling customers to control their cards in real-time and allows financial institutions with an integrated platform for managing and offering their buy-now-pay-later (BNPL) services.
The financial technology sector in Egypt has a very promising future and has witnessed rapid development, driven by the diligent efforts of the Central Bank of Egypt. Taly also empowers fintech startups by providing them with a platform to implement their innovative ideas through the appropriate infrastructure.
