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Latest in Tag: Visa

Zlatan Ibrahimović joins Visa ahead of 2018 FIFA World Cup Russia

Visa Inc today announced professional footballer Zlatan Ibrahimović will be the new face of its global marketing campaign in anticipation of the 2018 FIFA World Cup Russia™. As the Official Payment Services Partner of FIFA, Visa, in collaboration with Ibrahimović, will help fans not miss a moment of the action this summer. “I am incredibly proud …

Daily News Egypt

Visa appoints Marcello Baricordi as general manager for MENA

Visa announced, in a Monday press statement, the appointment of Marcello Baricordi as its general manager for the Middle East and North Africa (MENA). Baricordi, a Visa and payments industry veteran, replaces Ihab Ayoub. He will be responsible for all aspects of Visa’s operations in the MENA region. Baricordi will report to Andrew Torre, regional …

Daily News Egypt

Visa showcases pop-up payments, financial inclusion efforts at Cairo ICT 2017

Visa, the global payments technology company, is using its participation at Cairo ICT 2017 to exhibit the latest innovations in payments technologies, including biometrics and wearables designed to provide a seamless experience for everyday purchases. The solutions are part of a pop-up laboratory concept that will allow visitors to interact with prototypes developed by the …

Daily News Egypt

4 Egyptian startups qualify for Visa’s Everywhere Initiative finals

Four Egyptian companies from the dynamic technology startup community reached the final round of Visa’s Everywhere Initiative, according to a press statement released on Sunday. Visa’s Everywhere Initiative is an innovation program designed to encourage the development of the Next Big Thing in Payments industry. The Initiative has three real life business challenges: enabling electronic …

Daily News Egypt

Visa addresses ‘future of payments’ innovation at Middle East and Eastern Europe Security Summit

Global payments company, Visa (NYSE:V) hosted its Security Summit for Middle East and Eastern Europe, bringing together key stakeholders to discuss the trends, challenges, and innovations in payments’ security that are transforming the way we pay both regionally and globally. The summit theme—The Future is Digital: Securing a Connected World—reflects the growing connectedness of an …

Daily News Egypt

Usage of cards abroad dropped by 55% following flotation: CBE

Egyptians usage of cards abroad dropped by a value of $223m in November and December 2016, following the Central Bank of Egypt (CBE) decision to float the national currency—a drop of 55% compared to the same months in 2015. In a press release on Tuesday, CBE stated that data from banks indicate that payments via …

Hossam Mounir

Egypt’s consumer spending amounts to $156bn: Visa general manager

Consumer spending in Egypt reached $156bn, though the use of electronic payments accounts for only 2% of that sum, general manager for Visa in North and West Africa Tarek Elhousseiny said. This small share of electronic payments in Egypt shows a great opportunity for everyone to work on the spread of this type of payment, …

Hossam Mounir

e-finance in cooperation with Visa, MasterCard to issue 5m smartcards

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 …

Karim Salah