FABMISR Launches POS Payment Service to Strengthen Egypt’s Digital Payment Ecosystem
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, has unveiled its new electronic point-of-sale (POS) payment service, marking a strategic milestone in the bank’s journey to offer comprehensive payment solutions across the country, while reinforcing FABMISR’s role as a trusted acquiring partner for both online and in-store businesses.
Designed to provide merchants with secure and convenient payment acceptance, the service enables card and contactless transactions while supporting the bank’s broader digital transformation strategy. This launch builds on the success of online payment acceptance service ‘Access by FABMISR’, the bank’s previously introduced e-commerce payment gateway, extending the benefits of digital payments to physical stores, thereby supporting the growth of electronic payment–related businesses across the market.
In this context, Mariam El Samny, Head of Consumer Banking at FABMISR, stated: "This step reflects FABMISR’s ongoing commitment to empowering merchants, supporting economic growth, and advancing Egypt’s digital payments ecosystem.
The launch of the POS business by FABMISR aligns with Egypt’s Vision 2030 for digital transformation and the Central Bank of Egypt’s strategy for financial inclusion and sustainable economic development by facilitating wider access to secure, efficient, and innovative financial services for individuals and businesses."
Meanwhile, Shmais Fakhry, Head of Innovation Service & Acquiring Business at FABMISR, added: “By complementing the bank’s existing e-commerce acquiring services, the POS business positions FABMISR as a full-fledged acquiring provider for merchants of all sizes and sectors. With this launch, FABMISR strengthens its presence in Egypt’s rapidly evolving digital payments landscape, delivering innovative solutions that meet the growing needs of merchants and support the country’s economic development.”
This launch reflects FABMISR’s commitment to delivering practical and innovative payment solutions that respond to market needs and enhance the payment acceptance experience for merchants, while supporting the growth of Egypt’s digital payments ecosystem and the transition toward a more efficient and inclusive economy.
About FABMISR:
FABMISR, a subsidiary of the First Abu Dhabi Bank Group (FAB), is one of the largest foreign banks operating in Egypt. FABMISR’s local network operates through 73 branches, where it provides leading banking products and services that cater to all customer segments; along with achieving the highest value for its stakeholders and employees. Moreover, the bank offers a personalized banking experience to meet the various expectations of its customers from large organizations, SMEs and consumers whilst utilizing its global experience to support stakeholders, entrepreneurs and the local economy.
Headquartered in Abu Dhabi with a global footprint beyond 20 markets, FAB is the finance and trade gateway to the Middle East and North Africa region (MENA).
With total assets of AED 1.38 trillion (USD 376 billion) as of September-end 2025, FAB is among the world’s largest banking groups. The bank provides financial expertise to its wholesale and retail client franchise across three business units: 1) Investment Banking & Markets, 2) Wholesale Banking, and 3) Personal, Business, Wealth & Privileged Client Banking Group FAB is listed on the Abu Dhabi Securities Exchange (ADX) and rated Aa3/AA-/AA- by Moody’s, S&P, and Fitch, respectively, with a stable outlook. On sustainability, FAB holds an MSCI ESG rating of ‘AA’, and is also ranked among the top 6% of banks globally by Refinitiv’s ESG Scores and ranked the Best diversified bank in MENA by Sustainalytics ESG Risk Rating.
