Contact Now Launches «Maestro»: For the First Time in Egypt and the Middle East..«Choose Your Own Interest Rate»

Cairo, 04 February 2025

Contact Creditech, a subsidiary of Contact Financial Holding, has announced the launch of its groundbreaking “Maestro” program, now available through Contact Now application, setting a new benchmark in the Egyptian and regional financing market. This innovative solution empowers customers with unprecedented control over their payment plans, allowing them to customize their repayment plans to align seamlessly with their financial needs and goals.

“Maestro” marks a paradigm shift in the realm of installment payments, offering customers a fully customizable experience through a comprehensive and user-friendly digital dashboard. Customers can select repayment periods ranging from 6 to 60 months, adjust administrative fees to suit their preferences, and even reduce interest rates to 0% simply by modifying the administrative fee structure. With real-time updates displayed instantly within the app, Maestro ensures a complete transparent and easy experience.

Eng. Omar El Fiky, Managing Director of Contact Creditech, stated: “Maestro is more than just a new program—it’s a game-changing financial revolution in Egypt and the Middle East. Customers can truly be the maestros of their own financing plans, for the first time, adjusting every aspect with complete transparency, from repayment tenure to interest rates and administrative fees. This unparalleled digital flexibility underscores our commitment to innovating financial solutions that make our customers’ lives easier and more transparent. We take pride in being the first to introduce this cutting-edge experience, transforming the installment process into a seamless, intuitive, and fully personalized journey for all.”

Mr. Said Zater, CEO of Contact Financial Holding, added: “The launch of Maestro embodies our ambitious vision to accelerate digital transformation in the financial sector. This pioneering solution provides our customers with an unprecedented level of control and transparency, ensuring that every step of their financing journey is seamless, customized, and fully aligned with their needs. With Maestro, we are not just offering an installment solution, we are empowering customers to take full command of their financial decisions, making them the true ‘Maestros’ of their own plans. This milestone marks the beginning of a new era in fintech, one that prioritizes customer satisfaction through advanced, personalized financial solutions.”

With Maestro, customers can flexibly design their repayment plans, adjusting administrative fees and instantly seeing the impact on interest rates and overall cost. Once the plan is finalized, the transaction is automatically updated in the merchant’s system, ensuring a smooth and efficient process.

Through this new program, Contact Now is redefining the relationship between customers and financial services, making customers actual partners in shaping solutions that cater to their needs with clarity and simplicity. “Maestro” is not just another market offering, it’s the future of smart, personalized installments.

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