FinTech
-
Global giant MasterCard, Egypt’s MDP sign strategic alliance to enhance e-payments
Global payment technology company MasterCard has entered into a strategic alliance agreement with the Egyptian digital payment company MDP.
-
PayTabs partners with mnGm to initiate card acceptance for gold purchases online in Egypt
This collaboration introduces card acceptance for gold purchases online for the very first time in the country.
-
Scammers reportedly steal money through InstaPay
Some fraudsters have begun exploiting the feature to scam victims out of their money.
-
Disruptech Ventures invests in Banknbox, leading fintech company
The investment will facilitate Banknbox’s expansion into new markets, and enhance its capabilities to meet evolving customer needs.
-
E-payment giant MasterCard inks MoU to digitalize SMEs in Egypt
Global payment technology company MasterCard signed a memorandum of understanding (MoU) with Egyptian e-commerce platform MaxAB.
-
Egypt's “e-finance” Signs Cooperation Protocol with IBM to Establish Digital Banking Platform
The platform aims to provide and make digital systems and services available to banks and financial institutions.
-
E-payment cards surge to 62 million in Egypt as of September 2023: CBE
"Meeza" payment cards accounted for about 55% of the total number of these cards, with 34.5 million cards.
-
Fawry completes verification process, confirming security of operating systems and financial data
Fawry, Egypt's leading e-payment company, announced the completion of a thorough cybersecurity verification process and infrastructure examination.
-
CBE launches cash withdrawal from ATMs for InstaPay users soon
This is to support the state’s plan to transform Egypt into a society less dependent on banknotes.
-
CBE reveals number of InstaPay users & volume of Egyptian transactions
The number of InstaPay users has now reached 6.2 million customers he said, who have made 300 million transactions.