Network and EGBANK enhance ATM services

Network International has announced the expansion of its strategic partnership with EGBANK to advance the bank’s ATM acquiring services, marking a key development in enhancing EGBANK’s banking experience and driving its digital transformation with cutting-edge solutions

This extended collaboration will harness Network’s expertise to bolster EGBANK’s market position in Egypt. It also builds on the existing relationship by integrating new payment technologies and innovative solutions to boost consumer trust and convenience.

Hossam El Sholkamy, deputy CEO of EGBANK, stated, “We are thrilled to enter a new phase of growth through the strategic partnership with Network International. Using Network’s expertise, we are shaping the market with new products and services that will facilitate our digital payment transformation, offering an elevated experience for our customers and emphasising our pivotal role in the Egyptian financial market.”

Dr Reda Helal, group managing director – processing, Africa & co-head group processing at Network International, commented, “We are excited to extend our existing partnership with EGBANK to transform digital payments for their customers in the ATM acquiring side of the business. Implementing Network’s innovative solutions underlines the bank’s impact in the Egypt market by providing superior payment experiences. We look forward to capturing the opportunities that lie ahead and achieving new heights of success by working together.”