National Bank Renews Cooperation with New Cash Company

SadaNews - The National Bank today signed a cooperation agreement with New Cash Company, in a step aimed at enhancing electronic payment services and expanding modern payment solutions offered to the bank's clients, in line with its strategic direction towards digital transformation and encouraging the reliance on electronic payment methods in Palestine.

The agreement was signed on behalf of the National Bank by Luay Al-Tawil, Director of Corporate Management, while it was signed on behalf of New Cash Company by Amjad Al-Bishtawi, CEO of the company, in the presence of several representatives from both sides.

The agreement aims to continue providing and developing electronic payment systems and increasing advanced points of sale to facilitate financial transactions for the bank’s clients from companies and merchants, and to improve the efficiency of payment processes, enhancing a user-friendly, safe, and modern electronic experience while supporting the move towards reducing cash usage.

Al-Tawil confirmed that the signing of this agreement comes as part of the National Bank's commitment to build strategic partnerships with companies specializing in electronic payment solutions, which supports its direction to encourage the use of electronic payments and contributes to the development of the digital payment system in the Palestinian market.

For his part, Al-Bishtawi expressed his pride in cooperating with the National Bank, noting that the continuation of this partnership represents an important step towards continuing to provide secure and modern payment services that meet the needs of various sectors, and contribute to supporting digital transformation and enhancing the use of electronic payment methods.