Mastercard and Amazon Payment Services to Enable Digital Payment Acceptance Across Middle East and Africa

Posted on by kara | 244 Views | 12 min read
Mastercard and Amazon

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE. As part of the collaboration, the leading payment service provider (PSP) will adopt Mastercard Gateway – a single touchpoint for

Egyptian Fintech Dopay Raises $13.5 Million in Series a Extension Round

Posted on by kara | 1687 Views | 6 min read
Fintech

Dopay, a fintech platform focused on providing digital payroll and payment solutions to the unbanked and underbanked workforce in emerging markets, has successfully raised $13.5 million in a Series A extension round. The fresh capital, led by Argentem Creek Partners and with participation from existing investors, will fuel Dopay’s expansion in its home market, Egypt,

SA stands to win big from open banking – with the right attitude – Network International

Posted on by Staff Reporter | 24698 Views | 22 min read

The benefits of open banking have been spoken about within the global banking sector for some years now. While some local banks have already made concerted efforts to embrace the innovation opportunities that come with open banking, global payments as a service (PaaS) specialist, Network International, believes there is room for a more collaborative mindset

The Future of Trade Finance in Sub-Saharan Africa Amidst Hard Currency Challenges

Posted on by Staff Reporter | 40527 Views | 28 min read

With foreign exchange shortages plaguing sub-Saharan African economies, Bank One’s Head of Trade, Gerald Ndosi, explains what measures can be taken to overcome US dollar liquidity challenges, promote trade finance, and foster sustainable economic growth in the region International Trade is conducted in the currencies of major economic powers, largely the US dollar, European Union

Fawry Partners With Infobip to Enhance Electronic Payment Services.

Posted on by Staff Reporter | 13787 Views | 7 min read

Fawry partners with Infobip to utilize their omnichannel solutions to create new and exciting ways for merchants to process payments using their different communication channels including SMS, Whatsapp, Facebook messenger and other META channels Fawry, the leading payments and fintech company in Egypt, has partnered with Infobip, a global cloud communications platform, to enable payments

Pan African Payment and Settlement System (PAPSS) and African Securities Exchange Association (ASEA) Forge Strategic Partnership to Revolutionize Cross-Border Payment of Stock Exchanges in Africa

Posted on by Staff Reporter | 22150 Views | 14 min read

African Export and Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat developed PAPSS, which enables instant cross-border payment in local currency The Pan African Payment and Settlement System (PAPSS) and the African Securities Exchange Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border

Growing Compliance to Take its Toll on Acquiring Margins Unless Banks Act

Posted on by Staff Reporter | 37714 Views | 19 min read

Banks hoping to navigate the uncertainties of 2023 will be looking to their modernisation efforts as a way to claw back some value. In its 2023 banking outlook, Deloitte has advised banks to “…reassess traditional product, service, and industry boundaries to create new sources of value.” The company has suggested that this could include exploring

Etisalat by e& Egypt and Mastercard Partnership Will Redefine Digital Experience and Commerce for Millions in Egypt

Posted on by Staff Reporter | 54812 Views | 12 min read

Following the region wide partnership between e& group and Mastercard, Etisalat by e& Egypt and Mastercard partner to enable Etisalat Cash customers to pay online anywhere in the world Mastercard’s technology will create new digital commerce opportunities and drive deeper engagement through its loyalty platforms for millions in Egypt The partnership will further drive financial

Mastercard Reinforces Commitment to Egypt with New Leadership Appointment

Posted on by Staff Reporter | 19192 Views | 11 min read

Mastercard strengthens its leadership team in North Africa through the appointment of Inji Borai as Vice President and Country Manager for Egypt. Egyptian born Inji has been growing through the Mastercard regional ranks over the past 3 years. In her new role, Inji will be responsible for leading Mastercard’s strategy and operations to drive value

Mastercard Partners with Copal to Launch Egypt’s First Family Payments Mobile Application

Posted on by Staff Reporter | 16655 Views | 11 min read

Backed up by Mastercard technologies, Copal brings all family members on a unified payment platform that is fully managed by parents The partnership brings Egypt one step closer towards financial inclusion through the integration of a younger underbanked consumer segment Copal, Egypt’s first digital payment solutions application specifically designed for families, enters a strategic partnership