News

"If you're travelling you get your credit limit, whatever it is, 32,000 Egyptian pounds ($1,000) or whatever, according to your bank, but you have to inform the bank before you travel." ($1 = 30. ...
The National Bank of Egypt announced that it raised the limits for cash withdrawals and purchases on credit cards outside Egypt according to the type of each card, as the limits for Visa Classic, ...
At least two Egyptian banks have suspended the use of Egyptian pound debit cards outside the country to stop a drain on foreign currency as the country's currency shortage worsens.
Credit card penetration in Egypt is low, with just over 4 million cards used in a population of more than 100 million people. As such, people in the country have little or no access to credit ...
3. Business Cards Don’t Have the Same Liability Protections as Personal Cards. The CARD Act of 2009 gave personal credit cardholders protections like zero liability in case of fraud, a 21-day ...