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" e-payments"

29 results

Business - Markets & Companies
1/24/2024 5:03:23 PM
Egypt-based financial services company Paymob has partnered with global e-payment giant Mastercard to expedite the acceptance of digital payment methods across the MENA region, according to a statement by Paymob on Wednesday.

Business - Economy
12/4/2023 5:57:05 PM
Global payment technology company MasterCard has entered into a strategic alliance agreement with the Egyptian digital payment company MDP to enhance the payments ecosystem for banks and non-financial institutions in the Middle East and Africa, according to a statement on Monday.

Al-Ahram Weekly - Egypt
8/11/2023 5:59:00 PM
Egypt has been promoting e-payments since the enactment of Law 18/2019 to foster greater financial inclusion and expand the cashless economy.

Business - Markets & Companies
7/30/2023 7:22:23 PM
Cairo-based financial services company Banknbox announced the opening of its $10 million regional headquarters in Egypt to provide an integrated platform of banking solutions, electronic payments, smart transportation tech, and digital government payment solutions, among others, according to a press release on Sunday.

Business - Markets & Companies
7/26/2023 5:13:00 PM
The giant Egyptian e-payment solutions provider Fawry said it is in talks with Saudi Payments, a subsidiary of the Saudi Central Bank, to secure licenses and certifications necessary for expansion in the Saudi market.

Business - Markets & Companies
7/17/2023 3:18:28 PM
Flash, Egypt’s new cashless payments app, has completed a $6 million seed round led by Addition with participation from Flourish Ventures and other strategic angel investors.

Business - Tech
12/25/2022 4:23:17 PM
The Central Bank of Egypt (CBE) has announced new incentives to support the country’s digital transformation, including cashless transaction adoption, set to last from 1 January – 31 December 2023.

Business - Markets & Companies
11/30/2022 2:34:13 PM
The global inflationary wave and its severe repercussions on the prices of commodities and services in the Egyptian market are the main challenges Fawry and other e-payment and digital finance solutions companies have been facing since the onset of the Russia-Ukraine conflict, Fawry CEO Ashraf Sabry said.

Business - Markets & Companies
10/26/2022 7:56:25 PM
The government of Egypt has made significant strides over the past few years in terms of digital transformation, especially with regards to e-payment services, and has enabled more and more businesses to enter the financial sector, said Visa Group Country Manager and Senior Vice President for North Africa, Levant and Pakistan (NALP) region Leila Serhan.

Business - Tech
8/10/2022 6:13:36 PM
UAE-based GrubTech, which is a cloud kitchen and restaurant tech solutions provider, signed an agreement with Geidea, a e-payments and fintech platform, to provide services for the POSs of GrubTech’s clients.

Business - Tech
8/7/2022 3:14:46 PM
Egyptians increased their use of at least one digital payment method in 2022, including digital cards, SMS payments, digital money transfer apps and instant payment services, according to Mastercard’s New Payment Index 2022 report.

Al-Ahram Weekly - Economy
5/31/2022 10:12:52 PM
The government is working towards digitising pension payments, reports Nahla Abul Ezz

Business - Tech
2/20/2022 3:38:42 PM
Fintech witnessed significant growth in the Egyptian market over the past five years, as venture capital investments rose to $159 million with 32 deals concluded in 2021, up from only $1 million raised in 2017 from three fintech deals, according to Fintech Egypt’s report.

Al-Ahram Weekly - Economy
10/17/2021 11:28:00 AM
This month’s e-Finance share offer will ease the resumption of Egypt’s initial public offers programme, financial experts tell Al-Ahram Weekly.

Business - Tech
9/26/2021 6:23:39 PM
The Central Bank of Egypt (CBE) announced on Sunday that it has approved the issuance of licenses for smartphone contactless payments.

Al-Ahram Weekly - Economy
8/26/2021 10:40:00 AM
The Covid-19 pandemic has boosted the greater use of e-payments in Egypt

Business - Economy
1/6/2021 3:28:07 PM
The move is part of the strategy of the National Payments Council to support the payment system

Al-Ahram Weekly - Egypt
11/28/2020 9:57:00 PM
A recent report reveals a significant increase in the number of electronic wallets and online transactions during the first wave of COVID-19

Business - Economy
9/24/2020 4:09:49 PM
10 phases of the electronic payment and collecting system have been carried out starting May 2019, including providing 17,000 GPOS for electronic payments and collecting in the administrative bodies across the country

Al-Ahram Weekly - Egypt
9/17/2020 9:17:18 AM
Egypt is stepping up moves to encourage electronic payments by vendors and the general public as part of its digital transformation

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