MasterCard and EBC Introduce Egypt’s Mobile Payment Gateway

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 Signs Money Transfer Agreement With AlexBank

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