Apple Pay uses Face ID, Touch ID, and unique transaction codes for security.
The National Bank of Egypt, Banque Misr, and CIB support Apple Pay.
Mastercard, in collaboration with the Central Bank of Egypt
(CBE) and Egyptian Banks Company (EBC), has launched Apple Pay in Egypt,
offering a secure and private payment method for in-store, in-app, and online
transactions.
To use Apple Pay in stores, customers double-click the side
button and hold their iPhone or Apple Watch near a payment terminal. Each
transaction is authenticated using Face ID, Touch ID, or a passcode, along with
a unique security code.
Apple Pay Expands in Egypt
Mohamed Assem, Source: LinkedIn
Apple Pay is now accepted in various locations, including
grocery stores, pharmacies, taxis, restaurants, and retail shops. Customers can
also use it on iPhone, iPad, and Mac for faster app and online purchases,
avoiding the need to enter card details or billing information repeatedly.
Apple Pay does not store actual credit or debit card numbers
on the device or Apple servers. Instead, a unique Device Account Number is
created, encrypted, and stored in the Secure Element, a certified chip designed
to protect payment information.
Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon,
Mastercard, stated: “We are excited to bring Apple Pay to cardholders in Egypt
and further drive the adoption of digital payments in the country. Apple pay
empowers consumers with a safer, more convenient way to pay, whether in-store
or online.”
Egyptian Banks Offer Mobile Payments
Users can add credit or debit cards through the Wallet app
on iPhone. After adding a card, they can start using Apple Pay immediately on
compatible devices.
Currently, Apple Pay in Egypt is supported by the National
Bank of Egypt, Banque Misr, and Commercial International Bank. For more
details, cardholders can visit the websites of these banks.
Mastercard, in collaboration with the Central Bank of Egypt
(CBE) and Egyptian Banks Company (EBC), has launched Apple Pay in Egypt,
offering a secure and private payment method for in-store, in-app, and online
transactions.
To use Apple Pay in stores, customers double-click the side
button and hold their iPhone or Apple Watch near a payment terminal. Each
transaction is authenticated using Face ID, Touch ID, or a passcode, along with
a unique security code.
Apple Pay Expands in Egypt
Mohamed Assem, Source: LinkedIn
Apple Pay is now accepted in various locations, including
grocery stores, pharmacies, taxis, restaurants, and retail shops. Customers can
also use it on iPhone, iPad, and Mac for faster app and online purchases,
avoiding the need to enter card details or billing information repeatedly.
Apple Pay does not store actual credit or debit card numbers
on the device or Apple servers. Instead, a unique Device Account Number is
created, encrypted, and stored in the Secure Element, a certified chip designed
to protect payment information.
Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon,
Mastercard, stated: “We are excited to bring Apple Pay to cardholders in Egypt
and further drive the adoption of digital payments in the country. Apple pay
empowers consumers with a safer, more convenient way to pay, whether in-store
or online.”
Egyptian Banks Offer Mobile Payments
Users can add credit or debit cards through the Wallet app
on iPhone. After adding a card, they can start using Apple Pay immediately on
compatible devices.
Currently, Apple Pay in Egypt is supported by the National
Bank of Egypt, Banque Misr, and Commercial International Bank. For more
details, cardholders can visit the websites of these banks.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Inside the Prediction Markets: $1.6B Institutional Inflow Meets a Federal Crackdown
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters