Creating purposeful payment solutions for Egyptian banks
Off-the-shelf software
With the payments technologies developing at great speed and Egyptian market following suit with exploring the API banking and modernizing payment systems and platforms.
As payment technologies rapidly evolve, the Egyptian market is embracing API banking and modernizing payment systems.
Traditional payment card rails dominate the market, yet financial inclusion remains a key focus. Additionally, real-time payments are gaining prominence.
Tietoevry Banking offers full life cycle management of payment card issuing, acquiring software, and API banking solutions. With our presence in Egypt, we drive seamless payment experiences.
Our partner in Egypt, WAVZ, delivers comprehensive services to meet your needs effectively.
API Banking
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Tietoevry API Banking Platform provides a secure way to give Third Party Payment Service Providers (TPPs) access to Account information and contribute with value added products to their respective customers. To illustrate the business models, we wanted to highlight three case studies: |
API banking use cases
Embedded finance
Through embedded finance, banks can seamlessly integrate their financial services into various user journeys provided by fintech companies via APIs. This enhances convenience for users, delivering a more integrated, user-centric, and timely banking experience within the services they already use.
Marketplace
A marketplace for banks is a platform that aggregates financial products and services from various providers, offering them to your customers in a single location. This one-stop-shop allows customers to access a wide range of financial offerings, including loans, insurance, investments, and more, all within a platform provided by the bank.
Banking as a Service
BaaS combines traditional banking expertise with technological innovation, allowing banks to unlock new business opportunities by delivering financial services in collaboration with non-bank entities.
Retail Payment Platforms
Tietoevry retail payment capabilities: sophisticated card and payment platform for issuing and acquiring system modernization. A trusting step to modernizing the legacy card system and enabling new revenue streams. |
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Card and financial product issuing
Our card and financial product issuing platform is trusted globally by banks and processors. This flexible, scalable solution allows you to enhance or migrate existing functionality, preparing your issuing business for future challenges and customer expectations.
From issuing physical, virtual, and digital cards to building mobile payment apps and wallet accounts, our platform supports the modern payment environment, regardless of the payment instrument used.
Merchant management and acquiring
At Tietoevry, we recognize that efficient and flexible acquiring capabilities are crucial for merchants alongside a variety of payment methods. That's why payment service providers, acquiring banks, and processors worldwide choose our platform to enhance their acquiring capabilities.
Our platform manages complex merchant structures, processes various settlement models, and generates holistic, transparent reports for banks and individual merchants.
Our software at a glance
Learn more about the capabilities and benefits of our payment platforms. Feel free to download these digital materials directly.
Reach out to set up a meeting
Edgars Bīberis
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Business Development and Sales for Middle East and Africa Email me: edgars.biberis@tietoevry.com |
At Tietoevry, we believe it’s time to shift perspective. It’s not about what technology can do anymore — but what it should. So that the futures of businesses, societies, and humanity can live and thrive. Side by side.
