Mastercard and NBE introduce USD corporate debit card in Egypt

Aninda Chakraborty

Tue, July 28, 2026 astatine 6:03 AM CDT 1 min read

The National Bank of Egypt (NBE) and Mastercard person launched a USD Corporate Debit Card. The merchandise volition alteration cross-border payments for Egyptian businesses, including ample corporates and tiny and mean enterprises (SMEs).

The paper is designed to enactment USD-denominated payments to planetary suppliers, work providers and integer platforms, utilizing Mastercard's planetary network.

NBE lawman CEO Soha El Turky said the collaboration with Mastercard marks a "significant milestone" successful its committedness to "empowering Egyptian businesses". She added the collaboration positions businesses to enactment "more fully" successful the planetary economy. It volition besides enactment Egypt's integer payments infrastructure, Soha El Turky stated.

Mastercard Egypt, Iraq, Lebanon and Syria state manager Mohamed Assem said: "At Mastercard, we judge that inclusive, borderless commerce is the instauration of sustainable economical growth.

"Our collaboration with NBE reflects our shared committedness to equipping businesses with the tools they request to thrive successful a digital-first economy. Through our unafraid planetary payments infrastructure, we are enabling businesses to commercialized with assurance and thrive beyond borders."

The USD Corporate Debit Card is disposable done NBE branches crossed Egypt.

Separately, Mastercard precocious rolled retired a bid of enhancements to Mastercard In Control, its virtual paper platform. The expanded ecosystem is designed to assistance businesses standard virtual paper programmes much securely and efficiently.