credit cards

Credit Card digital booking system to be installed in metro stations
Egypt

Credit Card digital booking system to be installed in metro stations

An official at the Egyptian Ministry of Transportation announced that Transport Minister Kamel al-Wazir has approved a new booking system…
Times are a-changin’ in London where contactless is king
Business

Times are a-changin’ in London where contactless is king

  For centuries, London has sustained a street-level economy where performers and vendors make a living from the spare change…
Egypt banks to lift limits on use of credit cards abroad
Business

Egypt banks to lift limits on use of credit cards abroad

Two days after Egyptian pound devaluation, banks working in Egypt started to review restrictions on the use of credit and…
As FX shortage bites, Egypt’s CIB limits use of bank cards abroad
Egypt

As FX shortage bites, Egypt’s CIB limits use of bank cards abroad

Egypt's largest listed bank, Commercial International Bank (CIB), told customers on Wednesday it was reducing the amount of foreign currency…
No change to debit card usage rules abroad: CBE governor
Business

No change to debit card usage rules abroad: CBE governor

Tarek Amer, governor of the Central Bank of Egypt (CBE), said on Thursday that there was no change to the…
Egypt bans use of debit cards abroad amid hard-currency shortage
Business

Egypt bans use of debit cards abroad amid hard-currency shortage

Egypt has ordered banks to prevent customers from using debit cards based on their Egyptian pound accounts when they go…
Consumers prefer credit cards to paying with smartphone, research shows
Science

Consumers prefer credit cards to paying with smartphone, research shows

As Google gears up to launch its digital wallet service, Android Pay in the UK, many experts are still less…
Report: Egypt’s payment cards reach to LE161 billion in 2013
Business

Report: Egypt’s payment cards reach to LE161 billion in 2013

The value of Egyptian payment cards (including debit and credit cards) reached LE161.7 billion (US$23.5 billion) in 2013 with annual…
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