How big is the Egypt Mobile Payments Market?

The Egypt Mobile Payments Market size is expected to reach USD 72.74 billion in 2024 and grow at a CAGR of 16.76% to reach USD 157.86 billion by 2029. Read More

What is the current Egypt Mobile Payments Market size?

In 2024, the Egypt Mobile Payments Market size is expected to reach USD 72.74 billion. Read More

Who are the key players in Egypt Mobile Payments Market?

Paypal Holdings Inc., Samsung Corporation, Apple Inc, Google LLC (Alphabet Inc.) and Amazon.com Inc are the major companies operating in the Egypt Mobile Payments Market. Read More

What years does this Egypt Mobile Payments Market cover, and what was the market size in 2023?

In 2023, the Egypt Mobile Payments Market size was estimated at USD 60.55 billion. The report covers the Egypt Mobile Payments Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Mobile Payments Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Egypt Mobile Payments Market Analysis | Industry Forecast, Size & Growth Insights

Egypt Mobile Payments Industry Overview

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.