The Egyptian Government and MasterCard inked a Memorandum of Understanding (MoU) to help drive financial inclusion and maximize government efficiency. Under the leadership of H.E. Abdel Fattah El-Sisi, Egypt has been undergoing a period of positive change.
The partnership will see MasterCard bring latest payment technology innovations to market. In addition, the company will leverage its global experience working with governments across the world, to help the Egyptian government increase engagement with citizens.
MasterCard will also be working alongside Egypt Post to digitalize its customer base, and enable its 4000 branches to offer electronic value-added-services, employee trainings and expert-driven workshops. This will help Egypt Post transition towards cashless payment solutions through the use of mobile phones and credit cards, ultimately improving its services and enhancing convenience.
H.E. Atef Helmy, Minister of Communications and Information Technology said: “Under the leadership of H.E. Abdel Fattah El-Sisi, Egypt has been undergoing a period of positive change. The President and Government of Egypt believe that Information and Communications Technology plays a vital role in supporting this change and helping us better serve our citizens. This collaboration with MasterCard will help the Government bring innovative new solutions to the Egyptian population.”
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