Cairo, Egypt: Mastercard announced a collaboration with Money Fellows, a mobile app for money circles, also known as ROSCA model (Rotating Savings and Credit Association) and Banque Misr to launch Money Fellows prepaid card in Egypt. This prepaid card will enable Money Fellows to offer financial planning, savings, and credit access to its users in Egypt. Driven […]
Visa brings Apple Pay to its customers in Egypt
Egypt – Cairo — Visa, a world leader in digital payments, today brings Apple Pay to its customers in Egypt. Apple Pay is a safe, secure and easy way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch near a payment terminal […]
PayMint receives approval from the Central Bank of Egypt to launch its first Meeza Prepaid Card in Collaboration with ADIB-Egypt
January 6, 2025 PayMint, a leading financial technology company, has announced that it has obtained final approval from the Central Bank of Egypt to launch its first Meeza prepaid cards in partnership with Abu Dhabi Islamic Bank – Egypt (ADIB-Egypt). This milestone aligns with the bank’s continuous efforts to collaborate with FinTech companies to provide […]
Central Bank of Egypt extends fee exemption for digital transfers via IPN, InstaPay for 3 months
Egypt – In line with Egypt’s Vision 2030 to foster digital transformation, the Central Bank of Egypt (CBE) has issued a new set of decrees extending the exemption of fees and commissions for bank transfers made via electronic channels, including internet banking and mobile banking apps in Egyptian pounds. This exemption also applies to all […]
Attijariwafa Bank Partners with Visa to Revolutionize Digital Payments in Morocco – Fintech News Egypt
Casablanca, Morocco – Attijariwafa Bank and Visa have announced a strategic collaboration aimed at transforming the digital payments landscape in Morocco and reinforcing the bank’s reputation as a leader in technological innovation. This partnership is set to accelerate the bank’s initiatives in emerging payment technologies, aligning with the evolving needs of customers. By combining Visa’s […]
Mastercard brings Apple Pay to customers in Egypt
Cairo, Egypt — Mastercard, in collaboration with the Central Bank of Egypt (CBE) and Egyptian Banks Company (EBC), brings Apple Pay to users in Egypt, providing a safer, more secure and private way to pay in-store, in-app and online. To pay in-store, customers simply double-click the side button and hold their iPhone or Apple Watch […]
Contact Pay, eKhales expand partnership to offer PoS payment solutions in Egypt
This partnership enables Contact customers across the country to conveniently settle their payments via eKhales’ expansive partners network of PoS terminals. Contact Pay, a subsidiary of Contact Financial Holding, has expanded its partnership with eKhales, a digital payment platform under eFinance. The newly broadened collaboration will enable Contact customers to pay their installments and bills […]
Visa and SwypeX Partner to Boost Digital Financial Inclusion in Egypt
Cairo, Egypt – In an exclusive interview with CNN Economics, Malak El Baba, Executive Vice President of Visa Egypt, revealed that digital transactions currently account for only 5% of Egypt’s economy. El Baba emphasized the urgent need for digital financial solutions to support both individuals and businesses, highlighting Visa’s commitment to broader financial inclusion. This […]
BanknBox Partners with Al Ahly Momken to Revolutionize Payment Acceptance in Egypt
Cairo, Egypt – December 2, 2024 BanknBox, a leading digital banking and payment solutions platform based in Cairo, has announced a strategic partnership with Al Ahly Momkn, a prominent e-payments and fintech company in Egypt. This collaboration aims to revolutionize payment acceptance services across the country through advanced technology and innovative solutions. The partnership focuses […]
UAE’s FOO Partners with eNovate to Transform Egypt’s Digital Payment Ecosystem
Dubai, UAE – FOO, the award-winning B2B Software as a Service (SaaS) solutions provider, has announced a strategic partnership with eNovate, Egypt’s premier digital payment solutions provider, to enhance eNovate’s product portfolio and accelerate innovation in Egypt’s financial services sector. Driving Innovation in Egypt’s Financial Landscape As an independent subsidiary of eFinance Investment Group (EFIG), […]