Arab Finance: Al Baraka Bank has joined forces with Mastercard, a global leader in digital payments, to bring cutting-edge banking services to Egypt, as per an emailed press release to Arab Finance on February 12th.

The collaboration aims to introduce a range of top-tier consumer, commercial, and SME products tailored to meet the evolving needs of digital payments in the country

This strategic partnership promises enhanced convenience and efficiency for individuals and businesses alike. By leveraging Mastercard's expertise in digital payments technology, Al Baraka Bank aims to revolutionize the payment landscape in Egypt.

The two parties are poised to redefine the banking experience, paving the way for a more streamlined and secure payment ecosystem.

This collaboration underscores their shared commitment to delivering superior consumer products and driving the adoption of digital payment solutions across Egypt.

"This partnership reflects our commitment at Al Baraka Bank to providing a comprehensive suite of cutting-edge solutions and diverse services, offering a seamless digital experience for our customers. Through this collaboration, we aim to expand the range of financial services provided, attract diverse customer segments, and meet all their needs through services and products tailored specifically for them," Deputy CEO, Consumer Banking at Al Baraka Bank Abdel Aziz Samir.

Mastercard, RISE see major success in wage digitalization for Egypt's garment workers Updated 9/8/2024 3:15:00 PM

Al Baraka Bank Egypt’s consolidated profits rise 30.5% YoY in H1 Updated 8/13/2024 10:37:00 AM

Mastercard, Global Hotel Alliance seal multimarket deal to back luxury travel  Updated 7/9/2024 3:07:00 AM

CIB launches 1st Private Mastercard World Elite Metal Credit Card in Egypt Updated 7/8/2024 12:06:00 PM

Al Baraka Bank to provide Raya IT with up to EGP 550M credit facility Updated 7/1/2024 12:27:00 PM