The Clap
ValU, a subsidiary of EFG Hermes, wants to increase sales to EGP 6 billion by the end of 2022, in addition to issuing its own electronic payments card.
The Deets
Ahmed Essam, Head of Product Development at ValU, said that the company covers most commodities and products and is very attractive to users because of how easy it is to use its service.
Essam clarified that the company’s monthly sales range from EGP 400 – 550 million, and the company is currently putting efforts to reach EGP 6 billion in sales by the end of 2022.
Electronic Payment Card
ValU is putting the finishing touches on its electronic payment card and is expected to launch it after receiving CBE approval.
The card will help ValU to reach a larger number of clients and will allow users to use the card in all purchases.