Egypt plans to resolve financial difficulties and circumvent sanctions that have abolished the possibility for Russian tourists to use Visa and Mastercard abroad. This was stated by the Director General of the Egyptian Banking Company (EBC) Tarek Rauf, speaking at SPIEF-2022.
According to him, Egypt is working closely with the National Payment Card System (NSPC) to launch the acceptance of cards of the payment system “World”. “Russian tourists are very important for us, for Egypt. That is why we are now working with the NSPC together to be able to accept their cards in Egypt, “said a representative of the Egyptian banking sector.
It will be recalled that negotiations on this began in early summer. In particular, it was one of the topics of talks between the head of Rostourism Zarina Doguzova and the Minister of Tourism and Antiquities of Egypt Khaled el-Anani.
It should be noted that now the Russian Mir card is accepted in 10 countries. In particular, among tourists, it is primarily the main competitor of Egypt – Turkey, as well as Vietnam, Armenia, Belarus and Abkhazia. In addition, the cards work in countries such as Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and South Ossetia.