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Out of which, 120,000 are Fawry PoS, the remaining 60,000 belong to other e-payment services including Masary, Aman, Bee, and several others.
The Egyptian Electricity Holding Company (EEHC) has activated its contract with e-finance to bring the electronic collection of electricity bills into force. This came through linking all nine electricity companies, together with the e-finance network. The nine companies include North Cairo Electricity Distribution Company, South Cairo Electricity Distribution Company, Alexandria Electricity Distribution Company, El-Behera Electricity …
The electricity distribution companies intend to impose a fine on late bills, as debts have been accumulating.
The unpaid dues of business sector companies to the Ministry of Electricity and Energy amounted to EGP 1.2bn at the end of December. Sources from the Egyptian Electricity Holding Company (EEHC) said that the ministry suffers from a lack of liquidity, which may affect the electricity supply. They added that business sector companies, a number …
Distribution companies obtain a 5% commission from the collection rates