Cairo, Egypt – Visa, a global leader in digital payments, has announced a strategic partnership with MDP to empower fintech companies and non-banking financial institutions across Egypt. This collaboration aims to enhance financial innovation, support market growth, and enable seamless financial services in the region. The partnership underscores the growing significance of inclusiveness and technological […]
Visa has announced the appointment of Michael Berner as the new Head of Southern and Eastern Africa (SEA), where he will oversee operations across 24 markets. Berner will report to Andrew Torre, Visa’s Regional President for Central and Eastern Europe, Middle East, and Africa (CEMEA), and will remain a key member of the CEMEA leadership […]
Egypt – XPay, a leading fintech startup, has entered a strategic partnership with Huawei Cloud Services to enhance digital payment solutions for businesses across Egypt, as per an emailed press release. The collaboration aims to strengthen XPay’s role in Egypt’s digital payment sector by using Huawei’s advanced cloud technology. “Our recent performance demonstrates the trust businesses […]
Egypt – Fawry for Banking Technology and Electronic Payment will launch the money transfer service soon via ‘myfawry’ app after obtaining the approval of the Central Bank of Egypt (CBE), CEO Ashraf Sabry told Ashraq Business. The EGX-listed firm intends to forge partnerships with key companies to expand business in the Saudi and Emirati markets, the […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]