MasterCard has teamed up with smart payment solutions provider Bee to facilitate enhanced mobile wallet use to provide Egyptians a better payment experience.
Under the agreement, Bee has been integrated on MasterCard ecosystem to expand mobile wallets payments options in the country.
Using mobile wallet, users can now pay directly through the app and avail payments to over 25 billers electronically by using their wallets supported by Bee retail network that comprises 32,000 outlets across Egypt.
MasterCard country manager for Egypt Tamer Kashef said: “As part of our global vision to move to a cashless world, MasterCard in Egypt has been at the forefront of introducing technologically advanced payment solutions to further drive financial inclusion in the country
“It is not just about making payments, but bringing efficiencies as well as enhancing the quality of life for people. Our interoperable ecosystem encourages the investment and innovation needed to offer the range of services that meets the diverse financial inclusion demands.
“We are happy to join hands with Bee, an important step in bringing the banked world to the unbanked in ways that are useful in their daily lives.”