FreedomPay to Unleash the Power of Pay at NRF 2023

One of the world’s fastest growing fintech to showcase award-winning global commerce technology platform and industry-leading partner network.

NEW YORK, National Retail Federation, Jan. 15, 2023 (GLOBE NEWSWIRE) — FreedomPay, the global leader in Next Level Commerce™ and the commerce technology platform of choice for global retail, hospitality and payments brands including Marriott, Foot Locker, Shake Shack, Engage People, and Castles Technology, will showcase its innovations and partnership announcements this week at NRF in booth #4250.

The event will mark the launch of FreedomPay’s new call to action, Unleash the Power of Pay. As the commerce landscape evolves with new technologies and changing consumer needs, Unleash the Power of Pay introduces the notion of unleashing the power of payments to drive greater customer loyalty, leverage business intelligence insights, and bring value-added services.

“FreedomPay is excited to make a splash at this year’s NRF and to launch Unleash the Power of Pay. The concept is a testament to our award-winning technology and best-in-class partner network that is enabling billions of transactions in more than 75 countries across the globe,” said Tom Durovsik, Founder & CEO of FreedomPay.

As part of its line-up at NRF, FreedomPay will host a roundtable discussion on Monday, January 16 at 10:30AM at booth #4250 with industry influencers Castles Technology, Charter Communications, and Elo Touch, moderated by Dale Laszig of the Green Sheet. The event, Next Level Commerce™: Unleashing the Power of Pay, will focus on the challenges and opportunities across retail, the trends influencing retail’s future, and strategies for merchants to navigate the changing retail sector. Those who would like to attend virtually are encouraged to register here.

FreedomPay also announces the publication of a new industry white paper The Next Level of Global Payments: Unleash the Power of Pay. The report highlights pivotal opportunities for retailers to elevate customer relationships and increase profit margins internationally, outlining strategies for security, safety, speed, simplicity, and customer satisfaction with service across borders. Download now to read the bespoke report.

FreedomPay’s global footprint continues to grow through the power of its partner network and new integrations to allow merchants to Unleash the Power of Pay for their customers. FreedomPay also announced in the days leading up to NRF 2023 new partnerships that will bring its solutions to more merchants around the world.

Moneris Solutions Corporation (“Moneris”), the largest payment processor in Canada*, will now be able to offer its merchants access to FreedomPay’s commerce technology platform, bringing an enhanced checkout experience to millions of shoppers across Canada.

FreedomPay also announced an integration with Flooid, bringing enhanced innovation, choice, and flexibility to retailers around the globe on the Flooid platform.

To learn more about FreedomPay, visit us at NRF booth #4250 or www.freedompay.com.

About FreedomPay

FreedomPay’s Next Level Commerce™ platform transforms existing payment systems and processes from legacy to leading edge. As the premier choice for many of the largest companies across the globe in retail, hospitality, lodging, gaming, sports and entertainment, foodservice, education, healthcare and financial services, FreedomPay’s technology has been purposely built to deliver rock solid performance in the highly complex environment of global commerce. The company maintains a world-class security environment and was first to earn the coveted validation by the PCI Security Standards Council against Point-to-Point Encryption (P2PE/EMV) standard in North America. FreedomPay’s robust solutions across payments, security, identity, and data analytics are available in-store, online and on-mobile and are supported by rapid API adoption. The award winning FreedomPay Commerce Platform operates on a single, unified technology stack across multiple continents allowing enterprises to deliver an innovative Next Level experience on a global scale. www.freedompay.com

*Based on total number of transactions processed in Canada

Jennifer Tayebi
Hill+Knowlton Strategies for FreedomPay
+1 734 395 0780
Jennifer.Tayebi@hkstrategies.com

GlobeNewswire Distribution ID 8729731

Planning, Higher Education ministers review key files

Planning Minister Hala Saeed had talks on Sunday with Higher Education Minister Ayman Ashour on a host of issues on comprehensive development under Egypt Vision 2030.

Saeed said the state is keen on improving employability through comprehensive development of the labor market.

She noted that the national program for structural reforms aims at upgrading the labor market and promoting its flexibility in addition to developing the educational mechanism.

She lauded the strategic future vision of the Higher Education Ministry as well as “youth for development” initiative that aims at raising university youth awareness about the principles of sustainable and human development and linking them to public policies and the state development projects.

She also extolled the Rowad 2030 program which aims at training youths on entrepreneurship thinking.

She added that “be an ambassador” initiative was meant to spread awareness about sustainable development.

She said education is witnessing great development in the current period, referring to plans of establishing more universities.

For his part, Higher Education Minister Ayman Ashour reviewed the ministry’s vision for comprehensive development which depends on seven main axes.

He said the ministry seeks to develop 4G universities to bridge the gap between educational programs and the real needs.

He stressed that graduates should be capable of confronting the challenges of the age through innovative ways.

Source: State Information Service Egypt

Cabinet Spox: No orders in IMF-Egypt agreement

Cabinet Spokesman Nader Saad said the agreement between the International Monetary Fund (IMF) and the Egyptian government does not include any orders.

The two sides has been engaged for six months in negotiations to come up with a satisfactory deal for both of them, the spokesman added.

Saad made the remarks late Saturday during a phone call with “Kelma Akhira” program on the satellite channel ON TV.

The spokesman highlighted the importance of the government’s continued communication with citizens to post them on all measures being taken.

The middle-class citizens have been affected like in other parts of the world, he said, expounding that the government is fully aware of the situation.

He noted that direct and indirect measures have been taken in this respect, referring to the minimum level of tax exemption.

As for offering some assets in the bourse, he said this serves the State Ownership Policy Document and encourages private sector’s investment in the Egyptian market, adding that this is a tool for bridging the financing gap.

Source: State Information Service Egypt

12.1% of Egyptians pleased with electronic birth certificate service Poll

Egyptians are most pleased with the issuance of birth certificates, believing it is the best e-government servicesin 2022.

A poll conducted by the Cabinet’s Information and Decision Support Center (IDSC) showed that 12.1 percent of the surveyed persons think the issuance of birth certificates was the best service last year.

Nine percent said that the replacement of lost ID cards was the second best electronic service offered by the government in 2022.

Automated notary came third with 7.4 percent giving their thumbs up to the service.

The survey was conducted in December of last year and covered adult Egyptians aging 18 years old and up. It was meant to determine how much Egyptians use and benefit from electronic services.

Some citizens, about 6.6 percent, believe that online traffic services were good in 2022; with 6.3 percent particularly pleased with the online enquiry service on traffic tickets.

About 29.4 percent of those surveyed think that other services were better in 2022.

The IDSC underlined the importance of technology, saying it has become an imperative means that should be relied on with the finest details of everyday life. It touched upon the quantum leap achieved in technology and the global movement toward digital transformation.

The Egyptian State has been giving big attention to automating all government services and activating financial inclusion, the IDSC noted.

Source: State Information Service Egypt

Egypt announces significant gas discovery in East Med field

Egypt has made a significant natural gas discovery in the Eastern Mediterranean Sea, The Egyptian Natural Gas Holding Co. (EGAS) announced Sunday.

The discovery was made by Italian Eni, US Chevron, and Egyptian Tharwa Petroleum Co., it added in a statement.

The newly-discovered Nargis-1 well is part of Egypt’s 1,800-sq. km Nargis Offshore Area concession operated by Chevron (CVX.N), which holds a 45% interest in it. Eni also holds a 45% stake, while Tharwa holds a 10% stake.

EGAS said the reserves’ quantity is being evaluated.

We will work with partners to start production as soon as possible, it added.

Source: State Information Service Egypt

PM probes efforts to increase reclaimed lands

Prime Minister Mostafa Madbouli has stressed the importance of following up efforts of expanding land reclamation in desert areas across the republic in line with the directives of President Abdel Fattah El Sisi in this respect to meet the needs of the citizens.

The prime minister’s statements came during a meeting Sunday to follow up on land reclamation efforts in the presence of Minister of Communications and Information Technology Amr Talaat and Minister of Agriculture and Land Reclamation Sayed el Quseir, in addition to head of the Armed Forces Engineering Authority major general Ahmed El Azazy.

Cabinet Spokesman Nader Saad said the meeting tackled efforts exerted by various state authorities to study soil, provide irrigation water and choose the best crops in line with agricultutral research.

The prime minister also shed light on the importance of providing infrastracture including roads, communications and electricity to attract more investors to that vital sector.+

Source: State Information Service Egypt