TOKEN service launched in Egypt

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VISA Egypt expects to activate the "TOKEN" technology for electronic payment in Egypt, which the company has been working on for some time in cooperation with the Central Bank of Egypt, within two months.

The "TOKEN" technology allows financial transactions to be conducted via mobile phone without the need to use banknotes or plastic payment cards. It is a technology that replaces personal data with digital codes that hide payment data.

The "TOKEN" service allows customers via mobile phone to carry out financial transactions by logging into the Internet banking service to view balances, movements and statements of various accounts. The Vice President of Visa and the General Manager of the company in Egypt said that the new service will be activated very soon, and may be before the end of this year. $BTC $BNB $DOGE #MarketDownturn 6486920424257096441169