MID Takseet achieves remarkable success during its offers on Black Friday

MID Takseet has provided suites in Cairo Festival and Mall of Arabia to activate the service, in addition to the possibility of activation through the network of merchants, as part of Med Installment's efforts to provide a comfortable shopping experience that includes the easiest installment methods that suit the customers' income without the need to split their purchases, and also MID Takseet has provided various payment and repayment programs through a large group of different installment packages.  

This comes within the framework of MID Takseet strategy, which aims to provide the best financing services to customers that meet their aspirations and achieve their requirements of various needs with the highest quality and without complications, in order to expand and target new segments of customers, in line with the Central Bank's directions to achieve financial inclusion, according to the vision and strategy of Egypt 2030.  

MID Takseet has contracted with about 200 merchants and service providers and about 1,000 points of sale since its launch, which provides a comfortable shopping experience that includes the easiest installment methods that suit each customer's income, and provides different means of installment in Egypt without guarantees, and also MID Takseet customers can buy now and pay later.  

So far, the number of MID Takseet customers has reached about 16,000 by the end of the second half of this year, and it targets to reach a number of customers estimated at about 40,000 by the end of the year, with a growth rate of 150%. The company has allocated about EGP300 mn this year to expand in providing installment services and meeting the needs of its customers, as part of MID Takseet belief in financial inclusion as a basic means to achieve the elements of sustainable growth, in addition to optimal planning for customers' investments and involving them in choosing the best alternatives. In this context, Hany Abdel Wahab, Head of the Commercial Sector at MID Takseet, said: "We always seek to contract with more partners to provide what customers need from consumer goods according to competitive installment systems among the providers of this service, as we are interested in providing services and financing solutions for the retail and consumer goods sector, as well as providing the best financing services to customers, which are characterized by effectiveness, speed and security, and reaching the highest level of trust and leadership so that we make well-being an integral part of our customers' lives." He added that MID Takseet works with a wide network of different merchants and service providers, and is keen to provide a package of non-traditional financing services, which contribute to increasing financial inclusion, in line with the technological and digital development, noting that the service comes within the framework of strong competition in the consumer finance market, to become Med Installment one of the main players in this field. It is worth mentioning that MID Takseet provides this service through the mobile phone application, and grants financing to customers, where the customer obtains financing to install various goods and services from durable goods such as electrical and electronic devices, as well as educational services, finishing and home furnishings and furniture, travel and tourism services, and other various goods and services."