As part of cooperation between the aviation sector and the banking system, EgyptAir and the National Bank of Egypt signed contracts to develop the electronic collection service EgyptAir provides to its customers, in the presence of Yehia Abou El Fotouh, Deputy Chairman of the National Bank of Egypt, and Amr Adawy, head of the commercial affairs sector at EgyptAir Airlines.
In this context, Yehia Abou El Fotouh praised the signing of the contracts, which comes as an extension of the ongoing and historic partnership between the National Bank of Egypt and EgyptAir, which extends to several vital areas, stressing the bank's interest in implementing a strategy aimed at expanding in the fields of electronic payment and collection.
For his part, Amr Adawy, head of the commercial sector, affirmed that EgyptAir seeks to develop services that bring the greatest benefit to its customers and to provide more ease at the ticket booking stage through the various sales channels.
In a related context, Alaa Farouk, Chief Executive of Retail Banking and Branches at the National Bank of Egypt, added that the contracts cover booking tickets through EgyptAir's website, as well as the voice service, in keeping with the development the electronic payment system will witness in the coming period and ensuring the highest degree of security in payment transactions. He said the development steps are being carried out through Mastercard, the National Bank of Egypt's main partner in electronic collection and e-commerce, noting that cooperation between the National Bank of Egypt and EgyptAir in electronic payment and collection dates back to 2005, during which many measures were implemented to support this system between the two parties.
