- Egypt licenses fintech Tpay as the country’s approved Direct Carrier Billing provider for government payments
- Citizens can pay electricity bills, traffic fines and civil registry fees using mobile airtime or monthly bills
- The initiative targets financial inclusion amid 120 million mobile subscriptions and 109% penetration
Mobile payments continue to strengthen financial inclusion across Africa. Millions of people hold mobile phones and mobile money accounts while lacking access to traditional bank accounts. This gap positions telecom-based payment systems as a critical channel for expanding access to essential financial services.
Egyptian financial technology company Tpay signed an agreement with the National Telecommunications Regulatory Authority (NTRA) to become Egypt’s licensed Direct Carrier Billing (DCB) provider for government-related payments. Authorities announced the agreement on Thursday, December 11.
The agreement, signed by Tpay Chief Executive Officer Ahmed Nabil and NTRA Chairman Mohamed Shamroukh, authorizes Tpay to enable citizens to pay a wide range of government services using mobile phone balances or monthly telecom bills. These services include electricity bills, traffic fines and civil registry fees.
