More NewsNational Bank of Egypt Rolls out ACI Acquirer for Back-end Merchant Accounting

National Bank of Egypt Rolls out ACI Acquirer for Back-end Merchant Accounting

The National Bank of Egypt (NBE) has gone live on ACI Acquirer to transform its merchant acquiring infrastructure and enable it to deliver flexible and tailored back-end accounting and management solutions to its merchants.

NBE, which was the first established commercial bank in Egypt, is committed to delivering the latest products and services to its customers, and invests in technology to enable it to stay at the forefront of its industry. With the implementation of ACI Acquirer, the bank will be able to offer its merchants international multi-currency, multi-product and multi-card scheme payment processing leveraging standard product features, combined with the ability to support sophisticated retailer relationships.

As a result, NBE will enjoy a competitive advantage through improved speed to market and customer focus. In addition, NBE will take advantage of ACI Acquirer functionality to offer its merchants more flexible billing and settlement options.

Mohamed Ihab, chief operating officer (COO) of NBE, said: “The team from ACI was supportive throughout the implementation phase of the project, and we are delighted to start using ACI Acquirer to make a real difference to our merchant acquiring process. We are confident that we have a strategic platform for our future growth.”

Related Articles

Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

3m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

4m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

4m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

4m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

4m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

4m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

5m Tasja Botha
FX for corporates: 5 best practices for treasurers

Economy FX for corporates: 5 best practices for treasurers

5m Mateo Graziosi