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The National Bank of Egypt (NBE) has launched a Visa credit card in US dollars to facilitate foreign currency transactions for customers both domestically and internationally. The card, available with dollar certificates, offers benefits such as exclusive fees, a 55-day grace period, and reward points through the ‘Al Ahly Points’ program. It can be issued with a minimum value of USD 2,000 and a maximum of USD 50,000, enhancing the electronic payment experience for users.
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) has partnered with Visa to enhance digital payment solutions and support Egypt's digital transformation. This long-term agreement aims to launch innovative products for various customer segments, promoting financial inclusion and improving service quality. Both organizations are committed to advancing technology-driven banking solutions, particularly for younger customers, to contribute to the country's economic growth.
Visa has launched the "Tap-to-Add Card" feature in Egypt, allowing users to easily add Visa contactless cards to digital wallets with a simple tap on their mobile devices. This innovation enhances security by using a unique one-time code, reducing the risks associated with manual card entry. The feature aims to streamline the digital payment process, benefiting consumers and issuers alike by improving transaction efficiency and mitigating fraud risks.
Visa has launched the "Tap-to-Add Card" feature in Egypt, allowing users to easily add Visa contactless cards to digital wallets with a simple tap on their mobile devices. This innovation enhances security by using a unique one-time code, reducing the risks associated with manual card entry. The feature aims to streamline the digital payment process, benefiting consumers and issuers alike by improving transaction efficiency and mitigating fraud risks.
Web Summit Qatar concluded with the QRDI Council announcing the winners of the Rising Innovators Award, celebrating student projects that showcase innovation. The first place was awarded to the Modular Automatic Sorting Hub (M.A.S.H) from Doha University, while the AI-powered Sharia Bot and Electronic Medical Triage System (EMTS) secured second place. Additionally, QRDI signed MoUs with the Ministry of Labor and ITQAN to enhance healthcare innovation and streamline certificate authentication through blockchain technology.
Souhoola has partnered with Visa to launch a new prepaid card, issued through Banque Misr, aimed at enhancing financial inclusion in Egypt. Set to launch in 2025, the card allows customers to transfer credit limits and offers flexible installment options, promoting a secure and seamless shopping experience. This initiative aligns with Egypt’s Vision 2030, supporting local economic growth and sustainable development.
Malak Baba
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
national bank of egypt introduces us dollar credit card for foreign transactions
United States Dollar
National Bank OF Egypt JSC
Visa Inc.
EGY
Mohamed Eletreby
Hala Helmy
Malak Baba
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