Mastercard and EGBANK Partner to Accelerate Digital Payments and Enhance Premium Banking Solutions
EGBANK has announced a strategic collaboration with Mastercard to expand financial inclusion, boost the adoption of digital payments, and introduce premium offerings to its customer base. This partnership supports EGBANK’s ongoing commitment to delivering secure, seamless, and innovative payment experiences while reinforcing its position in Egypt’s evolving digital economy.
As part of the partnership, Mastercard will provide its expertise and global network to help EGBANK enhance its portfolio of debit, credit, and commercial cards. The collaboration will enable the bank to introduce customized financial solutions tailored to various customer needs, with a particular focus on affluent segments.
“We are thrilled to join forces with EGBANK to support the development of the bank’s card portfolio and broader growth strategy,” said Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon at Mastercard. “This collaboration highlights our shared vision to advance the digital payments ecosystem and unlock new opportunities for financial empowerment and innovation.”
Yasmeen Galal, Head of Consumer Banking & SMEs at EGBANK, added: “Our partnership with Mastercard marks a pivotal step in our strategy to diversify product offerings and elevate the banking experience for our clients. By leveraging cutting-edge payment technologies, we aim to reach new market segments and offer financial solutions that align with the evolving expectations of modern consumers. This partnership not only enhances customer value but also contributes to the long-term development of Egypt’s financial sector.”
The collaboration also supports EGBANK’s broader digital transformation initiatives. The bank currently offers a wide range of services for individuals, businesses, and corporations, including mobile and internet banking, empowering customers to manage their finances remotely with ease and security.