back Back

Mastercard & Emirates NBD to boost digital banking in Egypt

By Delisha Fernandes

February 01, 2024

  • corporate banking solutions
  • Digital Banking
  • Digital Transactions
Share

Emirates NBD, MicrosoftMastercard has announced a strategic partnership with Emirates NBD-Egypt to elevate the digital banking experience for customers.

This collaboration will see Mastercard offering continued support to Emirates NBD-Egypt’s digital transformation journey in line with global best practices. The partnership will leverage Mastercard’s expertise and innovations to offer Emirates NBD-Egypt’s customers secure and seamless digital transactions.

“The extension of our partnership with Mastercard stands as a testament to our progressive vision and shared commitment to setting new benchmarks in the payments industry in Egypt. This partnership empowers us to curate bespoke offers for our customers, ensuring a tailored and rewarding banking experience,” said Amr El Shafei, Chief Executive Officer & Managing Director, Emirates NBD-Egypt.

“Our long-standing partnership with Emirates NBD-Egypt is rooted in our shared ambition to revolutionize the payments landscape and reaffirms our dedication to jointly fuel the digital transformation in Egypt. We are confident that our collective endeavors will yield an experience that is not only seamless and secure but also significantly more engaging for customers in Egypt,” said Adam Jones, Country General Manager, MENA Central, Mastercard.

In alignment with the Central Bank of Egypt’s Financial Inclusion Strategy, this partnership aims to introduce innovative segments to the payment ecosystem, catering specifically to the needs of young individuals, travelers, and tech-savvy consumers.

“We are excited to embark on a new chapter in our partnership with Mastercard, reinforcing our commitment to fostering financial inclusion and pioneering the development of customer-centric solutions in Egypt. This partnership equips us with advanced tools to enrich our customers’ banking experience, ensuring safe, secure, and seamless digital transactions,” said Mustafa Ramzi, Head of Retail Banking and Wealth Management, Emirates NBD-Egypt.

Previous Article

February 01, 2024

EMIs bridge the gap in FinTech growth amidst banking constraints

Read More
Next Article

February 01, 2024

Zeller unveils Tap to Pay on Android for businesses and consumers

Read More






IBSi Daily News Analysis

UK, Bank

July 12, 2024

corporate banking solutions

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Payset and ClearBank partner for local and cross-border payments

Read More

Today

Network International launches Business Payment Solutions with Mastercard

Read More

Today

Finastra completes new SIC instant payments readiness project

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024