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

Tuesday 3 November 2020 11:43 CET | News

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

Raseedy’s e-wallet aims to enable all segments of the Egyptian community such as consumers, merchants, and businesses to digitally manage their finances via a mobile app.

The wallet provides users with multiple digital financial services including money transfer, bill payment, online card-less digital payment, international remittances, as well as in-store and distant merchant payment via QR codes. Raseedy also offers solutions for company-specific payroll disbursement needs, as well as a dedicated service for microfinance institutions, with automated loans disbursement and installments collection.

Raseedy’s wallet is Meeza certified, enabling its users to transfer and receive money through any digital wallet.


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Keywords: Raseedy, saib Bank, MasterCard, Egypt, MENA, Africa, product launch, e-wallet, online payments, remittances, merchants, QR codes, money transfer
Categories: Payments & Commerce | Mobile Payments
Countries: Egypt
This article is part of category

Payments & Commerce