MasterCard announced its partnership with “Telda”, an Egyptian digital banking startup, to offer the first e-payment application of its kind in Egypt. The partnership aims to promote digital transformation in Egypt, as well as involve new segments of society in an innovative customer experience. Mastercard will allow Telda to issue prepaid cards to its customers and facilitate transactions through MasterCard’s trusted e-payment gateway. According to a press release on Tuesday, Telda users can, in one tap, transfer and receive funds on the app without the need for a bank account. Telda clients will be able to transfer money and control their prepaid account through a money management servic
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