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The United Bank of Egypt plans to grant 100 awards to its clients who hold the MasterCard “Rakhaa”, considered to be the first credit card which meets Shari’a provisions in Egypt. According to the bank’s Chairman of the Board of Directors, Mohamed Ashmawy, the award will be given to those who use the card for …
MENA top region for total volume of prepaid card usage with 82.6% growth in the last year, says Sumit Tyagi
In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country Manager of MasterCard Egypt, highlighted the programmes and services the credit card provider offers. He also highlighted the “Road to Inclusion Report” adopted by MasterCard.
The joint-brand credit card was launched through the “Mileseverywhere” initiative, which offer client new benefits.
Souq, Jumia, Amazon and Facebook the most commonly used online shopping websites
Financial institutions will benefit as well from the initiative, as the banks will be provided the opportunity to build long term relationship with their customers.
The entities partner up to produce cutting-edge technology that allows consumers to conduct daily transactions from their smartphones
Long-term consumer potential remains strong, evidenced in launch of first-ever Arabic mobile payment wallet
PayPal’s CEO of MENA region Elias Ghanem spoke to Daily News Egypt about PayPayl’s operations in Egypt
MasterCard praises Fawry for ‘producing a non-traditional payment solution tailored to the market’