Latest in Tag: Visa Highlight
Latest in Tag: Visa

Visa, FEDCOC launch first Egypt Card Security Week
Week-long consumer education campaign is to promote safe online shopping habits and protection against different types of payment-related frauds

Egyptian-Sudanese agreement regulates issuance of entry visa
Free six-month visa for holders of regular Egyptian or Sudanese passports

Financial inclusion needs strategic vision and government support: Visa director in Egypt
Egyptian government is striving to spread financial inclusion and is taking concrete steps to achieve this, says Mahfouz

mVisa offers new innovative, seamless, and secure channel for mobile payments in Egypt: Elhousseiny
The new solution digitises everyday spending, accelerates acceptance, and alleviates the need for POS infrastructure

Social life in Al-Ahmar’s Granada: a free visa to travel with time and live a real fairytale in Andalusia—Arab-Muslim Spain
If you would like to live a fairytale in the Arab-Muslim Granada, you only have to include “Social life in Granada during Al-Ahmar’s era”. The book is written by Emirati Ahmed Thani Al-Dousri, for which he achieved the PhD from the Moroccan University of Mohamed Al-Khames. Granada was the last Islamic city in Andalusia, and …

QNB ALAHLI and Visa partner to launch mVisa in Egypt
Seamless and secure QR-based mobile solution to enable faster and more convenient digital commerce

mVisa to expand to Egypt and nine other countries
mVisa will allow merchants around the world to immediately accept digital payments

Usage of cards abroad dropped by 55% following flotation: CBE
Egyptians usage of cards abroad dropped by a value of $223m in November and December 2016, following the Central Bank of Egypt (CBE) decision to float the national currency—a drop of 55% compared to the same months in 2015. In a press release on Tuesday, CBE stated that data from banks indicate that payments via …

QNB Al-Ahli cooperates with VISA to promote electronic payments
The bank is preparing to launch mVISA service for the first time in the Egyptian market

Kazakhstan lifts visa requirements
Kazakhstan said it had lifted visa requirements for citizens of the European Union, OECD countries and a number of other states in a bid to boost investment and tourism.The move, which follows a similar measure by neighbouring Uzbekistan, comes as Central Asia’s largest economy has been battered by low oil prices and financial distress in …

Egypt’s consumer spending amounts to $156bn: Visa general manager
Consumer spending in Egypt reached $156bn, though the use of electronic payments accounts for only 2% of that sum, general manager for Visa in North and West Africa Tarek Elhousseiny said. This small share of electronic payments in Egypt shows a great opportunity for everyone to work on the spread of this type of payment, …

Visa announces 3 partnerships at Cairo ICT to encourage electronic payments, support SMEs
Visa signed an MoU with FEDCOC, and partnered with ITIDA and Egypt Post

e-finance in cooperation with Visa, MasterCard to issue 5m smartcards
The financial institutions operation company e-finance aims to achieve revenues worth EGP 500m in 2017. The company’s priority is expanding in northern and central African markets to implement its expansion plan in the region so as to open its resources of US dollar income. CEO Ibrahim Sarhan told Daily News Egypt that the production capacity …

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 …

Digital payments can support economic growth in Egypt: Visa general manager for North, West Africa
Our partnership with EBI is designed to increase usage of electronic payment options, says Elhousseiny

Government salaries programme with Visa is a step to activate financial inclusion efforts: Mahfouz
Visa offers a large variety of solutions and products that provides customers with easy paying and receiving funds solutions, said the general manager of Visa Egypt

Egyptians speak up against ill-treatment at EU embassies in Cairo
Facebook page reveals obstacles facing Egyptian visa applicants at several EU embassies

Europeans shop for convenience as e-payments skyrocket
Europeans ‘touched to pay’ three billion times in the last 12 months, cementing contactless payments’ ‘growing popularity, says Visa

Employee payroll cards education programme is achieving financial inclusion in Egypt: General Manager of Visa Egypt
The programme is being implemented in cooperation with the Egyptian Banking Institute, NBE, and BM: Mahfouz

Combating fraud: Visa working to ensure safe transactions for cardholders
Visa has analysed and risk scored more than 112bn transactions annually, says Rodriguez

Electronic payments account for no more than 2% of consumer spending in Egypt: Visa general manager for North and West Africa
Visa acquires 61.5% of electronic payment cards market in Egypt and globally, according to Nielsen Corporation

Migration to electronic payments added nearly $300bn to GDP of 70 countries: Visa-commissioned study
Electronic payments added $10m to Egypt’s GDP and created 2,300 jobs per year from 2011-2015

Visa to open office in Côte d’Ivoire to accelerate digital Payments
The office will facilitate engagement with key stakeholders in the region

Egypt ripe for electronic payments due to widespread use of mobile phones: Visa Egypt GM
Visa accounts for 61.5% of total cards issued worldwide, its share in Egypt is similar, says Mahfouz

Visa will present Egypt with new opportunities for financial inclusion: Senior VP
Poverty alleviation requires multiple policy interventions and financial inclusion is just one, says Kehoe

Visa-free travel for eastern Europe, but with a lot of question marks
The EU Commission has recommended visa-free travel for the citizens of Georgia and Ukraine. But the abolition of visa requirements does not mean immediate unlimited travel.

Egyptian society greatly dependent on cash dealings: Visa Egypt Chairman
Reliance on smart cards will significantly contribute to the development of the economy, and with every EGP 1bn paid with smart cards, the gross domestic product (GDP) increases by 1%, Mahfouz continued in statements last week.

Visa launches ‘Impossible Deals’ promotion for Egyptians at DSF 2016
The campaign will run from 1 January to 1 February 2016

Visa partners with Cairo ICT to showcase its financial inclusion efforts
Visa, a global payments technology company, announced its partnership with Cairo ICT, the largest communications and information technology conference in Egypt, to showcase how innovation is driving financial inclusion around the world

Visa, Egyptian government cooperate to promote tourism, stimulate e-commerce: MENA General Manager
North Africa region witnesses the most cooperation between Visa and its states’ governments, says Ayoub