EGX and TG-exclusive group of joint ventures.
EGX Funds Transfer (OTCBB: EGXF), an electronic data processing transaction for the non-bank financial services to consumers, announced a joint venture with exclusive of the TG group for the development of its money transfer network.The venture calls for the contribution of existing and future technologies and treatment orders to the venture for co-ventures have agreed to a participation of profits.
TG group has significant technical resources in the processing of payments and TG has contracts with several leading suppliers in the world of electronic financial transactions. The project’s goal is the use of existing technologies and strategic relationships of the different parties.
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