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System designed to enable individuals to perform daily transactions via phones, says Assem
Middle East, Africa recorded a 27-fold increase in contactless transactions in 2017
MasterCard cooperated with the Egyptian government in issuing 4.6m payroll cards for government employees
Dsquares works with top local & international brands like Vodafone Egypt, Orange Jordan, NBE
Technological infrastructure suitable for the transformation to financial inclusion, says Abu Khadra
The financial institutions operation company e-finance aims to achieve revenues worth EGP 500m in 2017. The company’s priority is expanding in northern and central African markets to implement its expansion plan in the region so as to open its resources of US dollar income. CEO Ibrahim Sarhan told Daily News Egypt that the production capacity …
Cairo registered a 1.5% growth rate in the number of international overnight visitors in 2015/2016, says MasterCard Global Destinations Cities index
Egypt ranks high on mobile payments index
The transfer of electronic wallets will allow MasterCard to handle all financial and monetary Vodafone Cash transactions
The service also includes connecting CIB cards with mobile phones, allowing customers to receive their domestic and international dues, such as transfers and salaries, as well as make deposits and withdrawals using ATM machines after obtaining regulatory approvals.
MasterCard gives advice on how to be a smart and savvy shopper
MasterCard plans to pump in a multimillion dollar investment within next few years
The United Bank of Egypt plans to grant 100 awards to its clients who hold the MasterCard “Rakhaa”, considered to be the first credit card which meets Shari’a provisions in Egypt. According to the bank’s Chairman of the Board of Directors, Mohamed Ashmawy, the award will be given to those who use the card for …
MENA top region for total volume of prepaid card usage with 82.6% growth in the last year, says Sumit Tyagi
In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country Manager of MasterCard Egypt, highlighted the programmes and services the credit card provider offers. He also highlighted the “Road to Inclusion Report” adopted by MasterCard.
The joint-brand credit card was launched through the “Mileseverywhere” initiative, which offer client new benefits.
Souq, Jumia, Amazon and Facebook the most commonly used online shopping websites
Financial institutions will benefit as well from the initiative, as the banks will be provided the opportunity to build long term relationship with their customers.
The entities partner up to produce cutting-edge technology that allows consumers to conduct daily transactions from their smartphones
Long-term consumer potential remains strong, evidenced in launch of first-ever Arabic mobile payment wallet
PayPal’s CEO of MENA region Elias Ghanem spoke to Daily News Egypt about PayPayl’s operations in Egypt
MasterCard praises Fawry for ‘producing a non-traditional payment solution tailored to the market’