In accordance with the Central Bank of Egypt’s financial inclusion plan, which aims to provide citizens with more accessible digital financial services, Dot announced that it obtained the Payment Systems and Services Sector of the Central Bank’s initial approval to launch its own application and payment cards through its brand Klivvr.
This is in partnership with the Arab African International Bank.
Eng. Onsi Sawiris, Chairman of the Board of Directors of Orascom Financial Holding, the majority shareholder of Dot stated, “We are proud to take part in the state’s financial inclusion initiative, led by President Abdel Fattah El-Sisi, Prime Minister Dr. Mustafa Madbouly, and the Governor of the Central Bank, Mr. Tarek Amer. We share the state’s interest in helping Egyptian citizens become more financially literate and independent.”
Onsi Sawiris also thanked the Central Bank and its leaders for their constant support and keenness in facilitating all the necessary procedures to launch advanced services to the public, aiming to develop the relevant sectors and empower Egypt as a regional and global financial center.
Eng. Mohamed Aboulnaga, Co-founder and CEO of Dot, said that the seek to offer different solutions that meet the needs of all segments of society, particularly the youth.
This , he added, will help provide methods and tools that aim to promote financial inclusion for all segments of society through the launch of Klivvr.
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