Banque du Caire and Taly Forge Strategic Alliance to Revolutionize Digital Payments in Egypt

 In a significant move to boost Egypt’s digital payment ecosystem, Banque du Caire has

announced a new strategic partnership with Taly, a leading local fintech company specializing

in digital payment solutions This agreement builds on a successful collaboration that began

two years ago and marks a new phase in their joint efforts to deliver secure, scalable

and innovative payment services

 Strengthening Credit Card Processing Capabilities

While the previous partnership between Banque du Caire and Taly focused on acquiring

services for the Bank’s customer base yielding strong results the new agreement shifts

the focus to credit card processing Under this partnership, Taly will handle end-to-end

credit card operations, leveraging advanced payment processing technologies and robust

digital infrastructure The goal is to enhance the Bank’s existing card services and support

the launch of new digital offerings that align with market demands and the Bank’s strategic

digital transformation roadmap

 A Milestone in Banque du Caire’s Digital Payments Strategy

Commenting on the partnership, Mr Mohamed Tharwat, Head of Retail Banking at Banque du

Caire, emphasized This agreement reflects our strategic vision and leadership in the digital

payments space. Our credit card portfolio ranks among the largest in the Egyptian banking sector

and we continue to see remarkable growth Collaborating with Taly is a vital step forward in expanding

our card services, enhancing customer experience, and providing secure, frictionless, and modern

payment solutions He also stressed that local fintech partnerships are essential to promoting

financial inclusion and fostering economic development, adding

“Through Taly’s tech-driven capabilities, we are investing in customer-centric financial

innovation that supports our national agenda for digital transformation

 Taly: Driving Innovation in Egypt’s Fintech Landscape

On behalf of Taly, Mr Tawfik Mahmoud, CEO and Managing Director, expressed pride

in collaborating with Banque du Caire

“We are honored to work alongside one of Egypt’s most respected banks. This collaboration

is a model for the synergy between traditional banking institutions and local fintech innovators

enabling Egypt to accelerate toward a secure, inclusive, and efficient electronic payments infrastructure

He highlighted that the partnership utilizes state-of-the-art technologies and will contribute meaningfully

to Egypt’s broader financial digitization goals

 Goals of the New Partnership

The strategic partnership between Banque du Caire and Taly is focused on

Enhancing transaction security and fraud prevention using advanced card-processing technologies

Expanding digital banking services to meet evolving customer expectations

Improving user experience through faster, safer, and more intuitive payment platforms

Accelerating financial inclusion by offering scalable and secure e-payment solutions

 Taly’s Rapid Growth in Egypt’s Fintech Sector

Founded in 2021 with EGP 650 million in initial investments, Taly has rapidly emerged as a key

player in Egypt’s fintech sector, offering a broad range of digital payment solution

E-wallet platforms

E-commerce payment integrations

Card processing services across all categories – debit, credit, and prepaid

This new phase of collaboration with Banque du Caire reinforces Taly’s role as a pioneering

fintech enabler and signals a transformative step toward reshaping digital financial services in Egypt

This partnership highlights the ongoing evolution of Egypt’s financial services industry, where traditional

banks are increasingly aligning with agile fintech firms to build a next-generation digital economy

As Banque du Caire and Taly strengthen their collaboration, the outcome is set to benefit both

consumers and the broader financial landscape through secure, inclusive, and technologically

advanced payment ecosystems