EasyCash, a ground-breaking digital wallet for simple online payments, was just soft-launched in Egypt for iOS and Android users.
“Technology innovations usher in digital transformation and financial inclusion growth in the region,” said Hesham Omran, CTO of EasyCash.
He added, “The application encourages consumers and merchants in Egypt towards the adoption of digital payments.”
“Wallet Factory enables banks and mobile wallet operators with reliable eWallet solutions ensuring faster time-to-market rates,” said Michael Miro, CEO of Wallet Factory.
He added, “Speaking of EasyCash, the Wallet Factory team succeeded in delivering the full-fledged finance app that truly meets and exceeds the business and end user expectations”.
EasyCash is Wallet Factory’s first mobile payment app, designed to comply with Egyptian interoperability market standards for QR code-based digital payments and acceptance. EasyCash allows users to make online payments and access funds anywhere, whenever, and however they choose thanks to a seamless integration with Mastercard and Meeza, a statewide payment network system.
The debut of the finance app was made possible thanks to the tireless work of forward-thinking investors and FinTech enthusiasts from Egypt and the UAE. That instance, the Arabian Gulf Investments Company just purchased important EasyCash interests.
Wallet Factory is proud to contribute to the development of the EasyCash payment ecosystem as a software provider. Wallet Factory, which has experience implementing financial solutions in the region, was tasked with assisting end-to-end product development. The organisation performed a compliance check, penetration testing, and third-party integration with the help of the EasyCash team.
As of the launch date, EasyCash is released in three versions for mobile and web users.
Consumer app:
✔ QR code-based payments & Online cards
✔ Peer-to-Peer transfer requests
✔ Split-the-Bill and Shake-to-Pay options
Merchant app:
✔ Quick new merchant onboarding and registration
✔ In-Store payments for retail and other services
✔ QR code generation and Payment history
Web admin panel:
✔ Reporting tools for merchant & consumer wallets and operations
✔ User database and accounting models for business entities
✔ Settings for overdraft limits and commission fees