EgyptAir Partners with Amazon & Banque Misr for Online Payments

by News Desk 9 months ago Banking&Finance Amazon

By leveraging Amazon's robust payment infrastructure and Banque Misr's local expertise, EGYPTAIR can offer a wide range of secure and convenient payment options, including credit cards, debit cards, and digital wallets.

A significant collaboration has been formed between EGYPTAIR, the national airline of Egypt, Amazon Payment Services—an esteemed leader in digital payments in the Middle East and North Africa (MENA)—and Banque Misr, the premier acquiring market leader in Egypt. This strategic partnership aims to integrate EGYPTAIR’s travel offerings with Amazon Payment Services' robust online payment solutions, supported by Banque Misr, to elevate the online payment experience for travellers globally.

Embracing Technological Advancements

In today’s rapidly evolving digital landscape, the integration of reliable and secure digital solutions is crucial for businesses. This partnership focuses on facilitating seamless online transactions, allowing Amazon Payment Services to enhance its core online payment processing offerings. This initiative enables EGYPTAIR travellers throughout the MENA region to effortlessly and securely book their tickets online. Additionally, customers will benefit from Amazon Payment Services’ instalment option, allowing them to pay for their tickets in smaller, manageable amounts. This flexibility caters to changing customer preferences, providing enhanced financial ease, accessibility, and a variety of payment methods.



Peter George, Managing Director, Amazon Payment Services, commented: “We are proud to embark on this exciting journey with EGYPTAIR, and their customers, through this new partnership supported by Banque Misr. This collaboration enables us to leverage our advanced technology and leading offering to deliver innovative online payment solutions for EGYPTAIR customers. Fully integrating with EGYPTAIR’s infrastructure and empowering the company across multiple countries in MENA, our focus is on providing travellers with a seamless and secure experience through our suite of convenient payment solutions including instalments.”

Commitment to Customer Satisfaction and Economic Growth

As this collaboration unfolds, it paves the way for improved customer satisfaction and value. Amazon Payment Services is dedicated to bolstering Egypt’s burgeoning digital economy and diverse financial sector through this partnership. The initiative underscores Amazon Payment Services’ commitment to collaborating with industry leaders while empowering both customers and businesses in Egypt.

Commenting on the partnership, Amr Adawy, VP Commercial, EGYPTAIR Airlines, said: "We are excited to announce that EGYPTAIR is starting a new partnership with Amazon Payment Services and Banque Misr. This is a significant milestone in the airline's 92-year history and part of our long-term plan to serve our customers better daily. This partnership is the result of EGYPTAIR’s IT modernization strategy. We are shifting our focus from simply solving problems to creating innovation at a faster pace with Amazon Payments Services' capabilities. This transition is crucial for implementing our future modernization vision and strategy. We are eager to acquire digital capabilities to enhance customer satisfaction and position ourselves among the world’s favourite airlines."

EGYPTAIR's Commitment to Quality Travel

EGYPTAIR, Egypt's leading airline, continues to prioritize passenger comfort in travel to and through Egypt. Based in Cairo, the airline is globally recognized for operating scheduled flights to over 80 destinations across Africa, Europe, Asia, and North America.

Mr. Hossam Abdel Wahab, Deputy CEO of Banque Misr applauded the fruitful collaboration between the participating parties: “Banque Misr is pleased to collaborate with leading companies like EGYPTAIR and Amazon Payment Services, in line with our strategy to drive the future of digital payments. Banque Misr is dedicated to integrating advanced technological services across our various transactions to progress in line with global transformation, as we recognize that technology will play a vital role in keeping us at the forefront of the banking sector in Egypt.”

Promoting Digital Payment Solutions

Banque Misr is focused on fostering partnerships and launching initiatives that promote the adoption of various digital payment methods, catering to different population segments. Recognizing the shift from a cash-based culture to a cashless society, Banque Misr emphasizes the need for companies to collaborate in encouraging digital transactions. The bank also aims to leverage technology in alignment with Egypt’s digital transformation strategy to support financial inclusion initiatives.

Supporting Regional Business Growth

Amazon Payment Services remains committed to facilitating online payments across MENA, serving over 4,000 merchants and businesses in the region. The company’s services extend to businesses in the United Arab Emirates, Saudi Arabia, Egypt, Jordan, Lebanon, Qatar, Kuwait, Oman, and Bahrain, contributing to the growth of the digital economy in the area.

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