Banque du Caire and Taly Forge Strategic Partnership to Advance Egypt’s Digital Payments Ecosystem
Banque du Caire has announced a new strategic partnership with Taly, one of Egypt’s leading digital payments enablers, as part of its continued efforts to strengthen the country’s digital payments ecosystem. The agreement builds on a successful collaboration that began two years ago, initially focused on acquiring services for the Bank’s customers.
Under the newly signed agreement, Taly will now manage Banque du Caire’s credit card processing and operations, a move expected to enhance the Bank’s existing offerings and positively impact its upcoming services. This step represents a key milestone in the Bank’s expansion within the cards and acquiring business, reinforcing its commitment to delivering secure, seamless, and innovative payment solutions aligned with Egypt’s digital transformation agenda.
Mohamed Tharwat, Head of Retail Banking at Banque du Caire, commented:
"This agreement reaffirms our strategic vision and leadership in digital payments, cards, and acquiring services. Banque du Caire’s credit card portfolio is among the largest in Egypt, having achieved significant growth in recent years. Through our partnership with Taly, we aim to expand our product offerings, enhance customer experience, and deliver integrated acceptance solutions that support financial inclusion and strengthen the Egyptian economy."
Tawfik Mahmoud, CEO and Managing Director of Taly, added:
"We are proud to partner with Banque du Caire, an institution of such stature. This collaboration leverages advanced payment processing technologies and robust digital infrastructure, serving as a model for how banks and local fintech companies can work together to accelerate Egypt’s digital transformation and expand electronic payment solutions."
The cooperation will focus on enhancing security and fraud prevention through advanced card processing technologies, expanding digital services to meet customers’ evolving needs, and creating a modern, customer-centric financial ecosystem built on global best practices.
Founded in 2021 with initial investments of EGP 650 million, Taly has quickly emerged as a leading fintech player in Egypt, offering a wide range of digital payment solutions including e-wallets, e-commerce tools, and card processing services across debit, credit, and prepaid categories.
This new partnership is set to further solidify Taly’s position as a trusted fintech partner while enabling Banque du Caire to deliver innovative, secure, and scalable solutions that will shape the future of digital payments in Egypt.