…To Support Network Digital Payment Transformation In EGBANK’s ATM Acquiring Business
Network International (Network), a leading enabler of digital commerce in the Middle East and Africa, has signed a strategic partnership with EGBANK to transform the bank’s ATM acquiring service.
The strategic agreement is a significant milestone that will boost the banking experience for EGBANK’s customers and enable the bank’s digital transformation with innovative solutions.
Besides, the partnership will also leverage Network’s expertise to boost EGBANK’s competitiveness in the Egyptian market.
It also strengthens Network’s existing partnership with EGBANK with the introduction of payment technology and innovative solutions for enhancing consumer trust and convenience.
Speaking, the Deputy CEO of EGBANK, Hossam El Sholkamy, said, “We are thrilled to enter a new phase of growth through the strategic partnership with Network International. Using Network’s expertise, we are shaping the market with new products and services that will facilitate our digital payment transformation, offering an elevated experience for our customers and emphasising our pivotal role in the Egyptian financial market.”
On his part, the Group Managing Director – Processing, Africa & Co-Head Group Processing at Network International, Dr. Reda Helal, said, “We are excited to extend our existing partnership with EGBANK to transform digital payments for their customers in the ATM acquiring side of the business. Implementing Network’s innovative solutions underlines the bank’s impact in the Egypt market by providing superior payment experiences. We look forward to capturing the opportunities that lie ahead and achieving new heights of success by working together.”
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