Latest in Tag: card Highlight
Latest in Tag: card
NBE, Banque Misr raise limits on card usage abroad
Vice chairperson of the National Bank of Egypt (NBE) Yehia Aboul Fotouh said that the bank will raise the limit previously imposed on its cards for usage abroad on Sunday. He added that the bank also approved selling $300 to travellers who are not clients, whereas travellers who have had accounts at the bank for …
Visa and Carrefour aim to reward customers, expand card use in Egypt
Visa teamed up with Carrefour in Egypt to provide reward cardholders of participating banks with exclusive promotions and discounts. The move comes as part of the companies’ aim to expand electronic payment usage in Egypt, which currently accounts for less than 2% of all purchases, according to Visa statistics. The banks participating in the campaign …
HSBC sees huge opportunity for credit card growth: Bank’s head of retail and wealth management
Three main factors affect how high or low credit card penetration can be in a country, HSBC official explained
Fuel cards to save $5.2bn
The supply of petroleum products, via smart cards, to cars will begin during the first quarter of the year.
Mismanaging the fuel crisis
Egypt’s government fails to solve diesel shortages amid active bootleg markets
Cabinet division over fuel subsidies programme
Recent statements made by the petroleum minister regarding the fuel subsidies programme have caused intense controversy within Prime Minister Hesham Qandil’s government.