Three banks operating in Egypt have begun activating Apple Pay wallet services on their cards, starting today, Tuesday.
Apple Pay has begun launching its services experimentally in Egypt in cooperation with a number of banks, according to informed sources.
The source explained that the banks that activated Apple Pay services on their cards are the National Bank of Egypt, Egypt, and Commercial International.
In March 2024, the Central Bank of Egypt approved the rules regulating payment card coding services on electronic device applications.
International companies have recently applied to obtain the license, led by “Apple Pay,” which began activating the service experimentally from today, Tuesday, in cooperation with the National Bank of Egypt, Egypt, and Commercial International Banks.
The service allows iPhone users to register payment cards on the Apple Pay “Wallet” application and use them to complete payments or purchases.
The new system enables banks to digitize payment cards of all types, and helps reduce the time and costs incurred by banks operating in Egypt in providing payment services. Samsung Pay is expected to launch its services in Egypt soon.
Apple Pay is an electronic wallet that provides a safe and fast way to pay without contact and make purchases in-store, online, or anywhere that supports the feature.
The card number and details will remain private and will not be stored in the Apple Pay app or shared at checkout with any third party.
In every transaction made using the application, authentication will be required using the biometric recognition feature, whether Touch ID, Face ID, or by entering a passcode.
Use of Apple Pay requires a compatible Apple device, supported models iPhone 6 and iPad Air 2.
