Mastercard partners with Emirates NBD-Egypt

According to Emirates NBD’s officials, by extending its collaboration with Mastercard, the banking group showcases its progressive vision and shared commitment to enhancing the payment industry in Egypt. The partnership allows Emirates NBD to develop additional offers for its customers while ensuring a tailored and convenient banking experience. Representatives from Mastercard underlined that the collaboration with Emirates NBD supports the company’s objective to improve the payment landscape and solidifies its allegiance to support digital transformation in Egypt. By joining forces with Emirates NBD, Mastercard intends to focus on providing a secure and simplified experience for Egypt-based customers.

Furthermore, the collaboration aligns with the Central Bank of Egypt’s Financial Inclusion Strategy and intends to introduce additional segments to the payment ecosystem, catering to the needs and requirements of young individuals, travellers, and tech-savvy consumers. Emirates NBD underlined that the partnership with Mastercard reinforces the group’s commitment to fostering financial inclusion and supporting the development of customer-centric solutions in Egypt. The current move provides Emirates NBD with tools that allow it to improve its customers’ banking experience while ensuring the security of transactions. Additionally, Mastercard intends to leverage its technology and expertise to assist Egypt’s digital transformation. Both organisations aim to introduce improved solutions that enable individuals and businesses and actively contribute to Egypt’s expansion.

As a global technology company in the payments industry, Mastercard focuses on connecting and enabling an inclusive, digital economy that benefits everyone, regardless of location, by making transactions safe and accessible. By leveraging secure data and networks, as well as partnerships, the company’s capabilities and solutions intend to help individuals, financial institutions, governments, and businesses achieve their objectives. Currently, Mastercard has connections across more than 210 countries and territories, with it working towards creating a sustainable world that provides opportunities for all.

In addition to its collaboration with Emirates NBD-Egypt, Mastercard also recently partnered with Ajman Bank to provide its technology solutions to increase sustainability. Through this partnership, Ajman Bank was set to implement Mastercard’s Carbon Calculator and sign its UAE Sustainable Cards Pledge. The Carbon Calculator supports consumers in receiving an estimated carbon emission for their purchases, as well as the option to contribute towards reforestation through Mastercard’s Priceless Planet Coalition.

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