Government Financial Network (GFN)

eFinance has successfully built a solid foundation to provide industry-leading digital payment solutions across the nation through the establishment and continued development of our digital financial network that forms the backbone of the Egyptian government’s digital transformation strategy. The Egyptian Government’s financial network achieved a significant leap in digital financial collections, which came despite the large increase in transaction volumes, where total electronic collections, settlements, and the clearance of financial transactions through all governmental payment and collection channels reached EGP 500 billion during the first six months in 2022. The network’s operational indicators continued to function with the same efficiency. They remained in line with the highly advanced security and encryption procedures set in place, which meet all national security standards. This is due to the high-quality infrastructure that eFinance has put in place, which enables the network to accommodate the operations of all government agencies, as well as the group’s eagerness to develop the network and equip it with the most recent technology.