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Discover all the payments and fintech-related news and analysis about Egypt in The Paypers News, Reports, along with other Egypt-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Egypt in The Paypers News, Reports, along with other

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Arab Investment Bank selects Temenos for digitalisation

News | Online & Mobile Banking | 06 Jan 2021

Egypt-based Arab Investment Bank has selected Temenos, a banking software company, to deliver its digital customer experience.

Arab Investment Bank, Temenos, partnership, digital banking, online banking, Egypt

EIB, Banque Misr to help Egypt-based SMEs post-COVID-19

News | E-invoicing, SCF & E-procurement | 04 Jan 2021

The European Investment Bank has provided Banque Misr with a EUR 425 million credit line to support Egypt-based SMEs to recover from the coronavirus pandemic.

EIB, Banque Misr, Egypt, SME, COVID-19, credit line, coronavirus, pandemic, European Investment Bank, lending, bank

Carticard, Mastercard team up to offer digital payment solutions in Egypt

News | Online Payments | 23 Dec 2020

Carticard has teamed up with Mastercard to offer its customers in Egypt digital payment solutions while aiming to incorporate more people into the digital economy.

Carticard, MasterCard, Egypt, Africa, MENA, partnership, digital payment solutions, financial inclusion, merchants, consumers

FRA issues controls for licensing SME finance companies

News | E-invoicing, SCF & E-procurement | 04 Nov 2020

The Financial Regulatory Authority (FRA) has issued licensing rules and procedures for companies wishing to engage in financing activities of small and medium-sized enterprises (SMEs), according to Daily News Egypt.

Financial Regulatory Authority, SMEs, licensing, financing

Raseedy, saib Bank, Mastercard partner to launch digital wallet in Egypt

News | Mobile Payments | 03 Nov 2020

Egypt-based e-wallet provider Raseedy has announced the launch of an independent licensed digital wallet in partnership with saib Bank and Mastercard.

Raseedy, saib Bank, MasterCard, Egypt, MENA, Africa, product launch, e-wallet, online payments, remittances, merchants, QR codes, money transfer

Prime FinTech launches Endorse

News | Online & Mobile Banking | 19 Oct 2020

Egypt-based Prime FinTech has announces the start of its market activities in the Egyptian market by launching its first company, Endorse, with a paid-in capital of USD 3.2 million.

Prime Fintech, Endorse, Egypt, FRA, consumer finance, leasing, factoring

Egypt launches national trial of digital platform for government services

News | Online Payments | 01 Sep 2020

Egypt’s Ministry of Communications and Information Technology has announced the month-long nationwide trial of the Digital Egypt platform.

Egypt, online payments system, online payments, Ministry of Communications and Information Technology, Digital Egypt, online payments platform, public utilities, MENA

Paymob, Holyo partner to facilitate payments for gamers in Egypt

News | Online Payments | 18 Aug 2020

Egypt-based digital payment company Paymob has partnered with Germany-based company Holyo to facilitate payments for gamers in Egypt.

Paymob, Holyo, Egypt, digital payments, gamers, merchants, PlayStation, Xbox, PUBG Mobile, credit cards, branded payments, local payment, Meeza cards, mobile wallets

Egypt-based banks add IBAN standard for cross-border transactions

News | Payments General | 07 Jul 2020

Banks operating in the Egyptian market have started using the International Bank Account Number (IBAN) standard to facilitate cross-border transactions.

Egypt, banks, IBAN, cross-border transactions, bank account, check digits, transactions , IBAN code, internet banking, financial transactions, account number

Cairo Amman Bank taps Aruba for its digital banking services

News | Online & Mobile Banking | 23 Jun 2020

Cairo Amman Bank (CAB) has deployed state-of-the-art networking technology from Aruba, a Hewlett Packard Enterprise company.

Cairo Amman Bank, technology, security, digital banking, digital, banking, Aruba, cab, networking, technology, Hewlett Packard Enterprise, Aruba Campus Switching Architecture

Bank Audi ends acquisition talks with FAB

News | Payments General | 19 May 2020

Egypt-based Bank Audi has ended the discussions with First Abu Dhabi Bank (FAB) on acquiring the Egyptian assets of Lebanon's Bank Audi.

FAB, Bank Audi Egypt, Egypt, First Abu Dhabi Bank, coronavirus, COVID-19, UAE, Central Bank of the United Arab Emirates, CBUAE, loans

TPAY Mobile, Vodafone Egypt roll out digital payments on Google Play

News | Mobile Payments | 05 May 2020

Vodafone Egypt has teamed up with TPAY MOBILE, a digital payment enabler in the Middle East and Africa, to launch Direct Carrier Billing (DCB) on the Google Play store.

direct carrier billing, DCB, partnership, mobile payments, Egypt, Vodafone Egypt, TPAY MOBILE, Africa, Middle East

Egypt's CIB expands presence in Kenya by acquiring majority stake in Mayfair Bank

News | E-invoicing, SCF & E-procurement | 28 Apr 2020

Egypt-based Commercial International Bank (CIB) has received the regulatory nod from the Central Bank of Kenya (CBK) to acquire a 51% stake in Kenya-based Mayfair Bank.

Egypt, CIB, Mayfair Bank, Kenya, CBK, bank, market share

Compass Plus expands into MENA through Network International Egypt

News | Ecommerce | 16 Apr 2020

UK-based payments software provider Compass Plus has renewed its agreement with Egypt-based digital commerce enabler Network International to migrate further into the MENA space.

Compass Plus, Network International, Egypt, Europe, Asia, Africa, The Middle East, America, fintech, online payments, ecommerce

EFG Hermes, Paytabs partner for new electronic payments services in Egypt

News | Online Payments | 15 Apr 2020

Egypt-based bank EFG Hermes and online payment service Paytabs have signed a partnership to launch a new platform providing electronic and digital payment services.

EFG Hermes, Paytabs, Egypt, onlyne payments, digital payments, electronic payments, MENA, bank, payments service provider

Egyptian banks instructed to temporary limit withdrawals and deposits

News | Payments General | 30 Mar 2020

Egyptian banks have been instructed to apply temporary limits on daily withdrawals and deposits.

Egyptian banks, Central Egyptian Bank, money withdrawn, coronavirus, inflation, deposits, ATM withdrawals, Egypt

Egypt's central bank to support e-payments, fintech, and more

News | Payments General | 17 Mar 2020

Measures to support electronic payment system and financial technology (fintech) have been reviewed by the Central Bank of Egypt (CBE).

e money, Maaza, fintech, registry, settlements, payment cards, PIS, cash contactless payments, electronic payments, Central Bank of Egypt, CBE

Egypt in talks with IDEMIA for digital ID

News | Digital Identity, Security & Online Fraud | 13 Mar 2020

Egypt's Minister of Communications and Information Technology has met with IDEMIA representatives to discuss the company’s investment plans.

Egypt, digital ID, IDEMIA, artificial intelligence, digital transformation, identity services, fingerprint

PAYFORT partners with ValU to help Egyptian installment payments

News | Ecommerce | 26 Feb 2020

UAE-based online payment gateway owen by Amazon PAYFORT has teamed with Egypt-based financial services company valU for installment sales services.

PayFort, VaIU, Online Payment Gateway, partnership, online payments, installment sales, retail payments, ecommerce, merchants, Egypt, EMEA, UAE

PAYFORT partners with valU

News | Ecommerce | 25 Feb 2020

PAYFORT, an Amazon company, has announced a partnership with valU for installment sales services, to offer payment plans to a wide group of ecommerce stores who have fueled their growth through partnering with PayFort. 

PayFort, valU, payments , ecommerce, merchants, online shopping, security