MID Takseet has announced a strategic partnership with Al Ahly Momkn, a FinTech company and a subsidiary of National Bank of Egypt. This partnership aims to provide a seamless payment experience for MID Takseet’s customers through the extensive POS network provided by Al Ahly Momkn.
This partnership aligns with MID Takseet’s strategy to expand flexible payment plans and financing services for its customers, along with enhancing its ability to offer convenient payment services through modern technology and Al Ahly Momkn’s extensive network.
Go deeper with GlobalData
This network offers a secure, easy-to-use digital payment platform that covers more than 90,000 merchants across various sectors,
Al Ahly Momkin’s network has a monthly transaction volume exceeding 4 billion Egyptian pounds
Mahmoud El-Ghawas, CEO of MID Takseet, said: “We are excited about this strategic partnership with Al Ahly Momkn, which is part of our strategy to expand our services and provide tailored financing solutions for the retail and consumer goods sector. This partnership will enable our customers to benefit from a wide network of POS systems, enhancing their shopping experience.
“This is part of our comprehensive plans to develop our financial services by leveraging modern financial technology, constantly innovating, and offering integrated solutions that meet market demands and provide customers with the highest level of ease and convenience in financial transactions. MID Takseet believes that offering multiple options to customers is the way to enhance its market position, attract new customer segments, and provide them with a superior shopping experience marked by luxury and distinction.”
Ahmed Enayet, CEO of Al Ahly Momkn, added: “We are delighted with our partnership with MID Takseet, especially that this collaboration will allow us to offer more flexible payment options to our customers, enhancing their shopping experience. By integrating MID Takseet’s payment services and financing solutions into our POS devices, we will provide our customers with more options to manage their purchases more effectively. This partnership aligns with our commitment to providing comprehensive financial services that meet our customers’ evolving needs.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
