Leading fintech and electronic payments company has disclosed the opening of its first “OPay” store in Egypt. Opay Egypt disclosed that the store would be in the Downtown area at the 5th Settlement - to offer all the company’s services and products for individuals and corporates.

This update is coming as part of the company's expansion plan in the Egyptian market and capitalises on the success the company has achieved in the previous year - from the distribution of tens of thousands of points–of–sale machines (POS), to increasing its vendors and retailers, thereby becoming the fastest-growing company in the fintech and e-payments market, one year after its launch in Egypt.

Speaking about this update, Hesham Ezz El-Din, Digital and Cards Business line director at OPay Egypt said “thrilled to be launching its first OPay store in the Egyptian market, one of the largest markets in the Middle East and Africa, as part of the company’s bid to keep up with the direction of the Egyptian state towards financial inclusion and digital transformation and Egypt 2030 vision.”

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According to Ezz El-Din, through the store, company clients will be able to recharge their phone’s balance and make electronic payments for a number of services including paying mobile phone bills, as well as paying their utility bills and paying tuition fees for schools, universities and a host of other services.

He disclosed that the company will eventually open more stores across many of the Egyptian cities and governorates to serve a wider client base.