Petroleum Trading Services (Petrotrade) has signed an agreement with Banque Misr to develop the electronic billing services of the company, a press release reported.

According to the agreement, Petrotrade will benefit from the developed technology of electronic billing services of Banque Misr, especially for the electronic transactions via Visa or Mastercard, to update the company’s website and its mobile application to collect bills.

The contract, which was signed by the Head of Petrotrade, Wassem Wahdan and the Head of Banque Misr, Mohamed El Atribi,  comes in the framework of the Ministry of Petroleum and Mineral Resources’ program for digital transformation.

It is worth noting that Petrotrade succeeded in achieving big steps during 2019 in applying developed system in the electronic billing of natural gas as well as the readings of consumption.