AFS launches acquiring and payment acceptance services in Egypt

AFS launches acquiring and payment acceptance services in Egypt

Innovative payment platform Arab Financial Services (AFS) today announced the launch of its acquiring payment services in Egypt. As the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, the launch of AFS in Egypt will enable businesses and financial institutions to tap into AFS payments services, offering faster, more cost-effective, and data-enriched solutions.

This approval is in line with the Egypt’s ongoing strategic drive towards digital transformation and financial inclusion, and sustained efforts to transform into a regional center for financial technology.

Businesses in Egypt now have access to key AFS offerings including payment acceptance, Dynamic Currency Conversion, Data and AI. As the leading enabler for digital transaction transformation, AFS plans to progressively roll out its extensive suite of AFS payments products, including soft POS, spends management, online payment acceptance capabilities, issuing processing services, and wallets, in the Egypt market.

Samer Soliman Arab Financial Services (AFS) CEO said: “We are pleased to be extending our services to Egypt, a natural next step after establishing a strong presence in our home markets as we started in The Kingdom of Bahrain and soon branched out to Oman and now Egypt to serve our customers.”

AFS is committed to supporting the