EBC is pleased to announce expanded acceptance through its strategic alliance with the global payment network comprised of Discover® Network, Diners Club International®, and PULSE®. This strategic alliance will help increase EBC’s card payment acceptance at Point-of-Sale (POS) terminals, e-commerce platforms and ATMs across Egypt for both local merchants and international cardholders.
Discover Network, Diners Club International and PULSE, have 30 network alliances around the world, including RuPay from India, Elo from Brazil, and Troy from Turkey. This strategic alliance supports EBC’s ongoing expansion of its payment acceptance services, helping its merchants to reach 378+ million cards worldwide2.
This service upgrade helps enhance the payment experience for Egyptian merchants while enabling international travelers to pay using their preferred card. By integrating the global payment network, Egypt strengthens its appeal as a top tourist destination by providing more seamless, more secure, and flexible payment options to a global customer base.
Tarek Raouf Executive Chairman and CEO of EBC said, “This strategic alliance reinforces EBC’s commitment to continue offering diverse and flexible payment options across the country. We believe that this new alliance will grant its significant cardholder base a compelling payment experience whilst visiting our country.”
Egyptian merchants are empowered by offering greater and more secure payment acceptance options, which can help drive greater customer satisfaction, increased foot traffic and greater sales from international tourists and business travelers who prefer using Discover® Network, Diners Club International® and other network alliance cards.
“This collaboration with EBC will enhance the payment experience for Egyptian merchants, while expanding the Discover Network and Diners Club International acceptance footprint globally” added Matt Sloan, VP International Markets at Discover Network.