KashNow, a subsidiary application of Noqood Holding, has launched a new and diverse set of services and digital payment options available to both companies and individuals.
Facilitating reliance on digital payments through the KashNow application, the offering comes in cooperation with Fawry, the leading company in digital transformation of electronic payments.
KashNow provides digital financial solutions to companies and individuals through a mobile application, the first of which is the “Payroll Management” service.
The service allows companies to manage employee salary transfers and withdraw them via Fawry POS machines and Fawry Plus branches. Moreover, companies are able to recharge their employee’s E-wallets to avoid the hassle of accidental requests and petty cash payments without waiting for the end of the month.
“KashNow” also provides “Sulfa” through which it facilitates the process of employees obtaining part of their salary in advance while offering flexible payment options.
Within the strategic partnership with Fawry, KashNow gives users the ability to pay bills such as electricity, water, gas, club subscriptions, and other various types of bill payments using their E-wallet balance, and also facilitates money transfers between users of the application. KashNow intends in a few weeks to launch a new service that let consumers to recharge their wallet with any type of bank card either, debit, credit or prepaid cards
Dr. Abd El Rahman Ali, CEO of Noqood Holding, said: “Our strategy at Noqood Holding focuses on building solid ground for growth and expansion, and we aim to enhance the utilization of our great technical capabilities in introducing a new set of financial products and services that improve the lifestyle of our customers. The financial technology we offer at KashNow reflects our commitment to developing digital financial technology solutions capable of making a positive difference in user experiences.”
Read More: Classera partners with Fawry to offer e-payment services to Classera’s customers
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.
