By Hamed Mahmoud
National Bank of Egypt (NBE) and talabat signed a partnership agreement aiming at providing advanced digital payment solutions through the company’s application, with ease and security prioritised, in order to reduce cash handling. The co-operation stems from the mutual strategic focus towards the expansion of electronic payments, as well as supporting the Egyptian government’s financial inclusion and digital transformation policies.
The signing event took place at the headquarters of the National Bank of Egypt, and was attended by Yahya Abul-Fotouh, Vice Chairman of the Board of Directors, and Hadeer Shalaby, Managing Director of talabat Egypt, Mohamed Mansour, Director of finance at talabat, Karim Sous, Chief Executive Officer of Retail Banking and Branches at the National Bank of Egypt, Mohamed Gameel, Head of Channels and Sales, and Mohamed Salah Salat, Deputy General Manager of E-Commerce at the National Bank of E-commerce and the teams working on the project. The agreement will commence in the second half of this year.
Hadeer Shalaby also added that digital payments through talabat app increased by 82% last year. “We always strive to provide an extremely seamless customer experience for our users, starting from having the highest variety of restaurants and vendors, along with the diversity of payment methods. Our operations are backed up with Delivery Hero’s cutting-edge world-class technology and artificial Intelligence that enables us to meet our customers’ expectations and continuously enhance the experience of our customers on the platform.”