Whilst debit cards remain popular for usage in Egypt, debit cards’ usage remained restricted to local transactions in 2024. As of October 2023, the Central Bank of Egypt (CBE) limited the use of debit cards in Egypt to the Egyptian Pound (EGP). This means that Egyptian debit cards can no longer be used outside of Egypt or for foreign currency transactions. The move aims to reduce pressure on foreign currency reserves and prevent the misuse of debit cards. However, similar restrictions placed on...
Euromonitor International's Debit Card Transactions in Egypt report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Commercial Debit Card Transactions, Personal Debit Card Transactions.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?? * Get a detailed picture of the Debit Card Transactions market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Debit Cards in Egypt
Euromonitor International
January 2025
List Of Contents And Tables
DEBIT CARDS IN EGYPT
KEY DATA FINDINGS
2024 DEVELOPMENTS
Debit cards continue to be limited to local usage only
Steady growth continues for debit cards in Egypt
Debit card value sales and ticket sizes on the rise
PROSPECTS AND OPPORTUNITIES
ADIB tipped as one to watch as “world’s safest Islamic bank”
Banque Misr issued a special foreign currency debit card
Mastercard partners with multiple banks in offering exclusive banking solutions
CATEGORY DATA
Table 1 Debit Cards: Number of Cards in Circulation 2019-2024
Table 2 Debit Cards Transactions 2019-2024
Table 3 Debit Cards in Circulation: % Growth 2019-2024