Mashreq Bank signs partnership with Visa

Mashreq Bank Egypt has announced a strategic long-term partnership with Visa, the world’s leader in digital payments technology to support e-payments and provide digital solutions through the launch of new cards.

The agreement follows the bank’s mandate to provide a wide array of services catering to the diversified needs of its customer base. Additionally, the bank will foster the growth of start-ups through the partnership with Visa by introducing competitive features, aligned with the country’s strategy that focuses on achieving digital transformation and encouraging electronic payment systems.

The long-term cooperation aims at providing innovative products, solutions and facilities for non-cash banking transactions through various Visa credit and direct debit cards, and specifically designed cards for well-known e-commerce platforms. It is also expected that the bank, in partnership with Visa, will offer special cards for SMEs.