aiBANK, Visa Ink Long-term Partnership Agreement to Boost Digital Payments

by Nada Khaled


aiBANK, a leading provider of integrated retail, corporate, and Islamic banking solutions in Egypt, announced that it has entered into a long-term partnership agreement with Visa, a world leader in digital payments, to provide customers with a new integrated package of e-payment solutions.

This strategic partnership aims to provide customers with a comprehensive range of innovative products and services tailored to modern digital payment preferences.

The collaboration signifies aiBANK’s dedication to promoting financial inclusivity and accelerating the adoption of digital transactions in line with the directives of the Central Bank of Egypt and the Financial Regulatory Authority. By offering cutting-edge solutions aligned with the latest digital payment trends, this partnership aims to encourage customers to embrace electronic payment methods across all segments.

Key representatives from both aiBANK and Visa gathered for the protocol’s signing ceremony, which included Iman Badr, Senior Group Head Consumer & Business Banking at aiBANK; Malak Al-Baba, Visa Egypt’s Country Manager; Tamer Seif El-Din, CEO and Managing Director of aiBANK; Amr Gamali, Deputy CEO Business at aiBANK; Hisham Abdel-Aal, Deputy CEO Control & Support at aiBANK; Sherif Nada, Chief of Retail & Branches Network at aiBANK; and Mohamed Abdel Monsef, Head of Retail Products Development at aiBANK; and Ahmed ElKaffass, Director, Business Development from Visa.

This collaboration follows aiBANK’s earlier partnership with InstaPay earlier this year, which empowered customers to instantly transfer money between bank accounts, cards, and digital wallets using their mobile phones, underscoring the bank’s commitment to fostering digital payment solutions and promoting a cashless society.

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