Modern Gas and Contact CrediTech, the digital financial arm of Contact Financial Holding, have announced a strategic partnership to provide innovative financial services for natural gas connections. This collaboration will offer various payment methods, making it easier for customers to afford the connection process.
The initiative aligns with the Ministry of Petroleum and Mineral Resources’ directives to develop digital financial solutions and expand payment options for natural gas connections. It also supports Egypt’s Vision 2030, which emphasizes digital transformation and broadening the range of digital services available to the Egyptian market, leveraging the latest financial technologies.
The contract was signed by Eng. Mohamed Kandil, Chairman and Managing Director of Modern Gas, and Engineer Omar Elfiky, Managing Director of Contact CrediTech.
“This partnership aligns with the Minister of Petroleum and Mineral Resources’ directives to find innovative financial solutions to facilitate the process of connecting natural gas for customers,” said Eng. Mohamed Kandil. “At Modern Gas, we believe in the importance of digital transformation and its role in providing outstanding and integrated services. We look forward to achieving more successes with our partners at Contact CrediTech. This collaboration with a financial technology company is a first in Egypt’s petroleum sector and represents a significant leap in providing innovative services to the Egyptian market.”
Eng. Omar Elfiky echoed this sentiment, highlighting Contact’s commitment to offering solutions that simplify financial processes. “Our mobile application, Contact Now, allows customers to easily manage payments for utilities, including natural gas connections,” he explained.
Said Zater, from Contact, emphasized the environmental benefits of natural gas. “We believe this partnership will support communities by facilitating access to a clean and cost-effective energy source, while also reducing emissions and improving air quality,” he concluded.
This strategic partnership embodies both companies’ commitment to providing superior customer service, advancing digital transformation in Egypt, contributing to sustainable development, and ultimately, improving the quality of life for citizens.
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