The Central Bank of Egypt (CBE) is set to introduce a card tokenization system in the first quarter of 2025, as announced by Ehab Nasr, Assistant Sub-Governor for Payment Systems and Services, during the 11th Digital Payments, Financial Inclusion, and Digital Banking (PAFIX) Conference. The conference, part of the Cairo ICT exhibition held from 17 to 20 November held the Egypt International Exhibition Center in New Cairo, highlighted Egypt’s advancements in digital payment systems. Card tokenization replaces traditional card numbers with temporary tokens stored on digital devices or platforms. This method enhances transaction security by ensuring merchants never access the actual card detail
Hence then, the article about egypt s digital leap cbe to launch card tokenization by 2025 was published today ( ) and is available onEgyptian Streets ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Egypt’s Digital Leap: CBE to Launch Card Tokenization by 2025 )