The Vice President of Visa Technology Development, Evan Ramsek, stated that the three million tourists who visited Egypt in 2001, charged 1.9 billion Egyptian pounds ($418 million) worth of purchases to their Visa credit cards, reported Al-Hayat . Ramsek also reported that the number of Egyptian outlets that accept payment by Visa cards, increased to 17,365 over the past few years. Foreigners in Egypt spend an average of 15 pounds with every purchase transaction made with Visa. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
