HSBC Bank Egypt announces the launch of its Visa Platinum Debit Card to its Premier and Advance customers. The Visa Platinum Debit Cards are globally recognized Visa debit cards and feature free purchase protection, extended warranty insurance and higher spending limits, as well as being subject to exclusive Visa offers. HSBC Bank Egypt offers its Premier clients the Visa PayWave Platinum Debit Card, which beyond being the first Visa contactless card in the market, offers consumers a faster, more efficient way of making transactions.
"At Visa, one of our core values is innovation; not only in the tailor-made products and services we offer through our client banks, but also in the development of technology that helps cardholders simplify their lives," said Tarek Elhousseiny, Visa's General Manager for North and West Africa. "After much success in global markets, we're excited to introduce Visa's contactless technology in Egypt as a means to facilitate electronic payments and the migration from cash to card. This advanced payment feature offers even greater convenience, while still providing the same secure, flexible, globally-accepted benefits cardholders have come to rely on in Egypt and around the world."
"As the world's local bank, it's our responsibility to contribute to the development of the financial sector in Egypt and to help introduce international technology to the local market," said Nevine Taher, HSBC's Head of PFS and Branches. "HSBC is a global Visa account and a great partner to launch the HSBC Visa PayWave contactless debit card in Egypt and across the region. By working closely with Visa, we're looking forward to continuing the trend of providing technologically-advanced products to our clients that meet and exceed their expectations."
Visa PayWave is a groundbreaking new feature that will change the way electronic payment cards are used. The card is simply waved in front of a secure scanner and all of the information the merchant needs for the payment is transmitted automatically. There's no need for cardholders to fumble for cash or even sign for small purchases, just wave it and go.
