New partnership was announced between fintech Khaza and ADIB Egypt and Masria Digital Payments (MDP), which comes up in the form of Khazna Card.
The card is linked to Khazna Super App, which is billed super for its varied and specific features such as Earned Wage Access, Bill Payment, and Purchases of household and electronic products. The card itself will grant 24/7 access to the customers’ wages. Saleh, Khazna’s co-founder, and CEO said, “Khazna is focused on bringing customer-centric services to over 20 million active smartphone users in Egypt who lack access to formal banking and financial services.” “This wouldn’t have been possible without the significant momentum created by the Central Bank of Egypt towards digitization and financial inclusion.”