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Egypt reports growth in electronic payment gateway operations

STORY: Egypt reports growth in electronic payment gateway operations SHOOTING TIME: June 23, 2024 DATELINE: June 24, 2024 LENGTH: 00:00:47 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of Ministry of Finance 2. various of Egypt's Minister of Finance Mohamed Maait speaking STORYLINE: Egypt's Minister of Finance Mohamed Maait said on Sunday that the Government Electronic Payment Gateway (GePG) has experienced growth in its operations from July 2023 to May 2024, referring the total value of services processed through GePG reached 2.5 trillion Egyptian pound (EGP) (about 51.9 billion USD) during this period, compared to 2.1 trillion EGP (43.6 billion USD) in the previous fiscal year. The electronic payment service for workers' salaries in the country saw a growth rate of 24 percent, amounting to 299.4 billion EGP (6.21 billion USD), versus 242.2 billion EGP (5.03 billion USD) in the same period of the last fiscal year. The minister further highlighted that the value of the electronic payment service

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Google to launch 'electronic wallet' in U.S.

NEW YORK, United States - A person demonstrates an electronic payment function of a smartphone at a vending machine in New York on May 26, 2011. Google Inc. said it will launch in the United States this summer the mobile payment system enabling users to buy merchandise by scanning their smartphones at reading terminals of participating retail outlets.

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NTT DoCoMo to launch mobile phones equipped with IC cards in July

TOKYO, Japan - NTT DoCoMo Inc. said June 16 it will release in early July four mobile phone models equipped with integrated circuit cards to enable the handsets to function as a train ticket, electronic money and ID card. A customer in this photo demonstrates its use for payment at a checkout counter.

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Gov't launches new electronic payment service

TOKYO, Japan - Actress Rie Tomosaka (R) demonstrates how to operate an electronic payment service, dubbed ''Pay-easy,'' which the government launched Jan. 19. The service allows people to pay taxes or other government fees online or through automated teller machines.

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Morix IC card with fingerprint authentication

By downloading an application (application software) to a PC, smartphone or tablet terminal, users can send and receive crypto assets. The system is expected to be used with seven virtual currencies, including Bitcoin and Ethereum, and will also support ERC20-standard tokens in the future. President Kubota said, "We can improve the security by excluding identity theft. The company is also developing an IC card with a fingerprint authentication function without a battery as a payment card with a fingerprint authentication sensor for credit cards and other financial fields. The IC card has an electronic paper display on the upper right and a fingerprint sensor on the lower left. (Photo taken on April 2, 2020, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)

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Union Pay logo

Keywords: unionpay, China UnionPay, UnionPay, UnionPay card, gin-ren, electronic payment system, financial industry, company, billboard, logo, logo mark = August 9, 2019, Chiyoda-ku, Tokyo; Credit: Nikkan Kogyo Shimbun / Kyodo News Images

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The Origami logo

Logo = October 16, 2018, photographed at CEATEC JAPAN 2018 exhibition, credit: Nikkan Kogyo Shimbun / Kyodo News Images

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NTT DoCoMo to launch mobile phones equipped with IC cards in Jul

TOKYO, Japan - NTT DoCoMo Inc. said June 16 it will release in early July four mobile phone models equipped with integrated circuit cards to enable the handsets to function as a train ticket, electronic money and ID card. A customer in this photo demonstrates its use for payment at a checkout counter. (Kyodo)

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Google to launch 'electronic wallet' in U.S.

NEW YORK, United States - A person demonstrates an electronic payment function of a smartphone at a vending machine in New York on May 26, 2011. Google Inc. said it will launch in the United States this summer the mobile payment system enabling users to buy merchandise by scanning their smartphones at reading terminals of participating retail outlets. (Kyodo)

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IT exhibition in N. Korea

People look at cards for electronic payment at an information technology exhibition in Pyongyang on Nov. 1, 2019. The show displays the country's latest products and research achievements in high-tech fields. (Kyodo) ==Kyodo

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Gov't launches new electronic payment service

TOKYO, Japan - Actress Rie Tomosaka (R) demonstrates how to operate an electronic payment service, dubbed ''Pay-easy,'' which the government launched Jan. 19. The service allows people to pay taxes or other government fees online or through automated teller machines. (Kyodo)