Modupay and Banque Misr introduce direct integration of ATMs with FinTech cards

Modupay, a leading payment technology provider in the Middle East and Africa, has announced significant progress in its strategic partnership with Banque Misr, one of Egypt's most recognized and trusted financial institutions. Thanks to the newly completed direct ATM integration, FinTech cards sponsored by Banque Misr and powered by the Modupay platform can now seamlessly access the bank's extensive ATM network throughout the country.

This milestone represents a significant step toward the full integration of ATMs with FinTech programs sponsored by Banque Misr through Modupay. Thanks to this integration, cardholders of FinTech programs sponsored by Banque Misr and operated on the Modupay platform will gain direct access to the full range of services available in the bank's nationwide ATM network. This means that users can now withdraw cash, set or change their PIN, deposit funds at supported ATMs, issue mini statements, check their account balance, and use all ATM services provided by Banque Misr. The new direct integration with ATMs provides FinTech cardholders with the same level of access, convenience, and reliability as the bank's Direct customers, creating a more consistent and seamless experience across the ecosystem.

With seamless access to Banque Misr’s ATM network, this integration provides FinTech cardholders with the same financial services and convenience traditionally reserved for bank-issued cards. This is a significant step toward financial inclusion, ensuring that millions of fintech users have equal access to essential services that support their daily lives. At Modupay, we believe that enabling access to financial tools is fundamental to improving financial inclusion in Egypt, and our partnership with Banque Misr reinforces our commitment to building a more inclusive, accessible, and future-ready payments ecosystem." – Ahmed Nafie, CEO of Modupay

By providing seamless access to Banque Misr's ATM network, this integration ensures that FinTech cardholders can now enjoy the same financial services and convenience that were traditionally reserved for bank-issued cards. This is a significant step toward financial inclusion, providing millions of fintech users with equal access to essential services that support their daily lives. At Modupay, we believe that enabling access to financial tools is fundamental to improving financial inclusion in Egypt, and our partnership with Banque Misr reinforces our commitment to building a more inclusive, accessible, and future-ready payments ecosystem.

– Ahmed Nafie, CEO of Modupay

The direct ATM integration solution between Banque Misr and Modupay provides faster processing, greater reliability, and secure real-time communication between the two systems. It also provides a scalable foundation for future service expansion, enabling FinTech programs to grow and deliver more comprehensive, user-centric financial products.

This partnership underscores Modupay and Banque Misr's shared vision of supporting the rapid growth of digital financial services in Egypt and providing FinTech innovators with the robust infrastructure necessary to deliver exceptional customer experiences.