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#Digital Payments

BENEFIT records $77.1 billion in electronic transactions in 2023

All Fawri+ transactions reached a volume of nearly 335 million, a 37% increase from the previous year

Al Baraka Bank teams up with Mastercard to advance banking in Egypt

The collaboration is expected to cater to the needs of individuals in the realm of digital payments and streamline corporate expense management

Magnati, Al Etihad Payments partner to provide instant digital payments

Real-time payments enhance cash flow for merchants and customers benefit from an improved payment experience

ALEXBANK, Visa to launch new payment products in Egypt

The new products will provide their users with unique privileges including concierge service, buyer protection and global customer assistance services

Network International, Huawei partner to facilitate digital payments

The payments firm will support customers in the market by providing omnichannel digital payment offerings, including card issuing and acquirer processing services

NEOPAY expands digital payment offerings by partnering Alipay+

The initial integration is live at more than 2,000 store locations in the UAE to enhance the overall payment experience

Arab Financial Services unveils 2nd gen digital payments solution

The service eliminates the need for additional hardware, allowing businesses of all sizes to effortlessly accept payments using their smartphones

aiBANK, Visa partner to enhance digital payments

The duo aim to encourage customers to embrace electronic payment solutions across all segments by offering cutting-edge solutions

Fintech firm Opay mulls Egypt digital bank license application

OPay’s digital bank will provide lending, savings and card services via the internet without the need for customers to go to branches

AFS powers ila Bank’s newly launched prepaid cards

Developed in part by AFS, ila’s Prepaid Cards are features-led and give users digital payments flexibility, convenience and the highest standards of security. As...

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