New Egyptian Fintech app - Flash, is set to revolutionize cashless payments
, Egypt’s new cashless payment app that provides cashless payment solutions for consumers and businesses through a scan and pay service.
Businesses can accept payments directly from consumers without the need for point-of-sale systems or technical integration. Flash was founded by Uber alumni Erik Gordon and Sherine Kabesh in 2021., around 80% of goods purchased online in Egypt are paid cash-on-delivery. Amongst other factors driving this, consumers prefer to receive the product before paying; however many businesses do not provide a POS option on delivery.
Flash empowers the country’s population to seamlessly conduct transactions by transitioning from cash to digital.
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