Modupay, a leading payments technology enabler in the Middle East and Africa, has announced a landmark technical integration with Banque Misr, one of Egypt’s largest financial institutions. This strategic advancement allows FinTech cards processed on Modupay’s platform and sponsored by Banque Misr to access the bank’s extensive nationwide ATM network directly. Previously, many third-party digital cards faced limitations in physical banking interactions; this integration removes those barriers, providing users with the same level of reliability and service traditionally reserved for the bank’s direct customers.
The new system enables a full suite of ATM services, including cash withdrawals, real-time balance inquiries, PIN management, fund deposits at supported machines, and mini-statement issuance. Beyond convenience, the integration utilizes secure, real-time communication protocols to ensure faster processing and enhanced transaction security. This development is expected to significantly lower the barrier for FinTech innovators in Egypt, allowing them to scale their products using a robust, pre-integrated physical infrastructure that supports the daily financial lives of millions of users.
