The National Bank of Egypt in collaboration with Mastercard launch USD Corporate Debit Card for seamless cross-border payments

  • By : Mohamed Essam

     

    The National Bank of Egypt, in collaboration with Mastercard, has announced the launch of the USD Corporate Debit Card, a breakthrough solution designed to empower Egyptian businesses - from large corporates to small and medium enterprises (SMEs) with seamless access to global commerce.

     

    Soha El Turky, Deputy CEO at NBE, stated that the collaboration with Mastercard marks a significant milestone in NBE’s ongoing commitment to empowering Egyptian businesses. Through this strategic alliance, we are equipping both SMEs and large corporates with innovative payment solutions that simplify cross-border transactions and enable secure, seamless USD payments to international suppliers, service providers, and digital platforms.

     

    She added that the collaboration positions businesses to participate more fully in the global economy, unlock new growth opportunities, and compete with confidence internationally. At the same time, it supports the advancement of Egypt's digital payments infrastructure, enabling seamless cross-border commerce and international payments. This contributes to a more connected and efficient payments ecosystem that drives sustainable growth, improves business operations, and strengthens the resilience of enterprises across the country.

     

    Mohamed Assem, country manager for Egypt, Iraq, Lebanon and Syria at Mastercard, added: “At Mastercard, we believe that inclusive, borderless commerce is the foundation of sustainable economic growth. Our collaboration with NBE reflects our shared commitment to equipping businesses with the tools they need to thrive in a digital-first economy. Through our secure global payments infrastructure, we are enabling businesses to trade with confidence and thrive beyond borders.”

     

    The USD Corporate Debit Card is now available through NBE branches across Egypt, providing businesses with immediate access to secure, USD-denominated payments backed by Mastercard’s global network and NBE’s trusted banking expertise.

     

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