Recently, for the first time in Egypt, Banque Misr has introduced services for withdrawing and depositing money through POS payment points to their clients.

The services were introduced under the name “Cash-in & Cash-out” in cooperation with the Egyptian Banks Company for Technological Advancement or “EBC”. This is done in line with other strategies of the Central Bank of Egypt that promote financial technology and try to achieve financial inclusion. Banque Misr as a pioneer in technological solutions and electronic payments launched this service with the aim of providing the best non-banking services and meeting their client base’s advanced needs.

The launch of this service is a continuation of the successes of Banque Misr in the field of financial technology in Egypt. This service represents a qualitative development in the financial technology sector in support of the implementation of the Central Bank of Egypt's strategy to support and achieve financial inclusion and contribute to building a digitalized Egypt and happens within the framework of strengthening the bank's leadership in the electronic payments market.

Mr. Ehab Dorra, Head of the Banking Branches and Retail Sector at Banque Misr, expressed his joy to work hand in hand with the Egyptian Banks Company for Technological Advancement “EBC” and Fawry to cooperate in order to reach an integrated digital society by making all financial technology services available to clients, and in this case specifically facilitating the withdrawal and deposit of money for all bank card holders through POS machines. As there are more than 350 thousand machines, this represents a fundamental shift in the regulations of the electronic payment system and financial governance.

Banque Misr always seeks to provide electronic solutions to facilitate their clients’ lives, thus contributing to improving the provision of banking and financial services and benefiting from the new promising paths of development. All of this is in line with Banque Misr's work values and strategies, which always reflect the bank's commitment to the sustainable development and prosperity of Egypt.