Egypt Mobile Payments Market Share

Market Share of Egypt Mobile Payments Industry

Egypt Mobile Payments is fragmented and is controlled by a few important businesses such as Mastercard, Visa, PayPal, and Samsung. Apple Inc., as well as some local investors, These market leaders are concentrating their efforts on growing their consumer base in overseas nations.

• December 2023 - Basata launched new e-payment services to boost financial inclusion in Egypt. Basata aims to introduce several services that are set to revolutionize the financial payments sector and enhance its strategic plan to expand its customer base and achieve financial inclusion.
• March 2023 - XPay and Fawry announced an integrated partnership to provide the 'FawryPay Reference code' and cash-out services to 'XPay' customers and merchants in the Egyptian market, and 'XPay' will provide its customers and merchants with the latest types of electronic payment methods in order help enhance their quality of life and make it easier for them the process of managing their financial transactions.

Egypt Mobile Payments Market Leaders

1. Paypal Holdings Inc.

2. Samsung Corporation

3. Apple Inc

4. Google LLC (Alphabet Inc.)

5. Amazon.com Inc

*Disclaimer: Major Players sorted in no particular order