EFG Hermes units ink LuLu Egypt partnership deal
CAIRO, 9 hours, 22 minutes ago EFG Hermes, a leading financial services corporation in frontier emerging markets, has announced a new partnership deal between its NBFI subsidiaries - valU for consumer finance and PayTabs Egypt - with leading hypermarket chain LuLu Group International. This partnership will allow LuLu shoppers to benefit from valU’s affordable and convenient financing plans, powered by PayTabs Egypt’s payment gateway. The first phase will avail valU’s installment plans to shoppers through PayTabs Egypt platform at LuLu Hypermarket’s physical outlets, while the second phase will further see LuLu shoppers benefit from valU’s payment plans when shopping online and through the hypermarket’s phone delivery service.
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