Mastercard and NBE introduce USD corporate debit card in Egypt
Mastercard and the National Bank of Egypt (NBE) have launched a USD Corporate Debit Card aimed at facilitating cross-border payments for Egyptian businesses, including large corporates and SMEs. The card supports USD-denominated payments to international suppliers, service providers, and digital platforms via Mastercard's global network. NBE deputy CEO Soha El Turky called the collaboration a significant milestone in empowering Egyptian businesses and supporting the country's digital payments infrastructure. Mastercard's Egypt country manager Mohamed Assem emphasized the role of inclusive, borderless commerce in sustainable economic growth. The card is available through NBE branches across Egypt. The article also briefly notes recent Mastercard developments, including enhancements to its virtual card platform and a crypto debit card launch with Kraken in the UK and Europe.
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