Arab companies specializing in payment

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The urgent need for electronic payment systems emerged with the emergence of the concept of electronic commerce  and today the idea of ​​electronic payment is involved in many areas starting from paying salaries and bills through purchasing whether from electronic stores or stores on the ground ending with the emergence of what are called independent digital electronic wallets. With the continuous technological development in addition to the increased level of interconnection and communication between banks and financial institutions this has led to the creation of more solutions for electronic payment diverse new and innovative solutions that suit everyone.


IMPORTANT POINTS ABOUT ELECTRONIC PAYMENT Electronic payment is not an independent system in itself Rather it is a smart system that links communications technology and the Internet with traditional banks or fin Belgium WhatsApp Number Data ancial companies allowing bank customers or subscribers of these financial companies to utilize their balances in purchases pay bills and transfer money electronically without the need for direct traditional cash payment.





Payment solutions are available to everyone through banks and specialized companies There are many banks and companies specialized in providing electronic payment solutions to business owners and anyone can contract with one of these banks or companies to create an electronic payment system for their customers most often in the case of creating an online store . It is worth noting here that recently  solutions have appeared such as Payfort and Cashu. Online shopping is not the only form of electronic payment It is possible to apply electronic payment in traditional purchases.