Taly launches digital payment services in Egypt with BPC

Egypt-based payment service provider Taly has launched its full-fledged digital payments ecosystem in the Egyptian market, leveraging the BPC SmartVista technology.

Using BPC’s SmartVista Platform, Taly will provide innovative solutions and market offerings for banks, fintech’s, corporates, merchants, and consumers throughout Egypt.

Spurring financial inclusion through digitalisation

Taly’s launch in Egypt will help to expand digital transformation services and play a key role in supporting financial inclusion, in line with the directives of the state and the Central Bank of Egypt (CBE) to achieve Egypt Vision 2030.

BPC was chosen due to its track record serving some of the world's largest and most forward-looking financial institutions and fintech’s globally. Taly sought a reliable partner with robust and highly advanced technology. By opting for BPC’s SmartVista, Taly acquired not only a future proof payment platform but also a long-term strategic partner.

Taly’s officials said that their journey with BPC has been seamless. BPC has been agile with their technology, providing the flexibility they were looking for to build innovative digital-first solutions for Egyptian consumers. Some of BPC’s solutions include card management, tokenization, acquiring, merchant management and a full-fledged payment gateway – all of which will help shape the future of financial services in the region.

Also commenting on the partnership, BPC’s executives said they believe Taly is curated to be a true game changer in the payment industry, not only in Egypt but also throughout the region. Its exceptional vision and innovative value proposition have the potential to significantly transform the way people interact with financial services. They are happy to see the positive impact that Taly will have on the financial industry, and they look forward to witnessing its continued growth and success in the future.

The Egyptian digital ecosystem

Due to the dedicated efforts of the Central Bank of Egypt, the financial technology sector in Egypt is rapidly expanding, with the number of digital payment users expected to amount to 84.13 million users by 2027, as per the press release. Taly aims to play an important role in advancing the sector by providing fintech startups as well as established payment service providers with the appropriate infrastructure to bring their innovative ideas to life.

BPC has been active in the digital revolution for more than 25 years by providing advanced banking and payment solutions to more than 350 financial institutions across 100 countries. The SmartVista Platform is an innovative solution that can be utilised as micro-services as a standalone or as a full end-to-end banking and payment experience, either on-premise or as a service.

For more information about BPC, please check out the company profile in The Paypers Company Database.