Banks in India, Poland, Iraq, Mexico, Lebanon and Egypt are among those set to trial biometric payment cards that enable customers to authenticate contactless payments with their fingerprints... More
Updated 27 August 2021 Countries around the world are increasing the contactless transaction limit in a bid to lower cash usage to combat the spread of Covid-19... More
The spending limit for contactless card payments in the UK is being increased from £30 (US$35.33) to £45 (US$52.99), UK Finance has announced. The new spending limit will begin to roll out from 1 April 2020. More
The Central Bank of Egypt (CBE) has introduced a series of measures designed to reduce the need for citizens to use cash to make payments, including a doubling of the contactless payment transaction limit and free access to both prepaid card and mobile wallet services... More
CBE issues standard criteria for accepting electronic payment using QR code — Daily News Egypt — “The Central Bank of Egypt (CBE) has issued electronic acceptance criteria for payments through QR code… These unified standards will apply to all banks licensed to accept payments electronically in Egypt.”
Egypt: National Council for payments issues five important decisions — MobileMoneyAfrica — “The National Council for Payments issued a number of important decisions, with the aim of transforming Egypt from a society that relies on cash to a cashless one.”
Visa’s mVisa QR-based mobile payment service is now live in India, Kenya and Rwanda and will soon be available in Egypt, Ghana, Indonesia, Kazakhstan, Nigeria, Pakistan and Vietnam, the company has announced at Mobile World Congress in Barcelona... More
Etisalat Misr, Egypt’s leading mobile network operator, has installed an NFC access control system at its premises in Cairo... More
