CDNetworks has extended its global network to both Kuwait and Cairo, Egypt for greater coverage in fast growing Middle East and North Africa (MENA) markets, joining points of presence in Israel, Iraq, Qatar, United Arab Emirates, Saudi Arabia, and Oman. “With the growth in online shopping in the Middle East, competition is increasing,” said Jeff
In line with its commitment to enhance electronic payment card penetration in Egypt, MasterCard announced the appointment of Emerging Markets Payments (EMP), the leading electronic payments processing company in the Middle East and Africa region, as a Principal Member in Egypt. Through this, EMP will be able to sponsor issuers in Egypt and other African
In line with MasterCard’s recent introduction of Egypt’s Mobile Payment Gateway, National Bank of Egypt (NBE), Fawry and Egyptian Banks Company (EBC) have announced the launch of “Phone Cash”, an innovative new mobile payment solution. The “Phone Cash” mobile payment wallet is available to banked and unbanked customers across Egypt, who can use the service
MasterCard has revealed the results of the latest MasterCard Index of Consumer Confidence, which indicates that Consumer Confidence in Morocco has increased to 85.2. Consumers in Morocco are optimistic about all five indicators measured in the Index. When compared to the previous edition of the survey released six months ago, consumers are more optimistic about
In line with its commitment to enhance the electronic payment card acceptance infrastructure in Morocco, MasterCard today announced the appointment of M2M SPS, a leading provider of secure e-transaction processing solutions as its Principal Member in Morocco. As a new Principal Member of MasterCard, M2M SPS will be enabling its customers to leverage MasterCard’s acquiring
MasterCard today announced the appointment of Mohammed Qadadeh as Vice President, Head of Government Services and Solutions (GS&S) in Middle East and North Africa. The announcement is an integral aspect of MasterCard’s ongoing efforts to strengthen its investments in the government sector across Middle East and Africa. As a key member of the MasterCard Middle
MasterCard, National Bank of Egypt (NBE) and Etisalat announced the launch of the mobile payment wallet in Egypt, which will bring Etisalat Egypt’s subscriber base safe and convenient payment services through the power of their mobile phones. The newly introduced program is an early implementation of the Mobile Payment Solution that MasterCard and Egyptian Banks
Western Union, a leader in money transfer and global payment services today announced that it has signed an agreement with AlexBank, the Egyptian subsidiary of the Intesa Sanpaolo Group, to offer Western Union® money transfer services in Egypt. Egypt accounts for over 40 percent of total remittance inflows to the MENA region and the country
Earthport, the UK listed cross-border payments service provider, today announced the roll out of a fully automated payment service into Morocco. According to the release Morocco is one of the top remittance destinations on the African continent and the second largest remittance country in North Africa with an estimated $6.4 billion worth of payments received in
I-conférences and MasterCard announced their consecutive fifth year collaboration for the Cartes Afrique forum, a prominent industry event that witnessed strong participation from the electronic banking, digital security, cards, payments and contactless technology communities. The eighth edition of the forum took place at the Kenzi Hotel Menara Palace, Marrakesh on 25th and 26th April 2013,
