Fintech company Banknbox, located in Egypt, has teamed up with CSC Jordan to promote financial inclusion and provide joint advanced services to both businesses’ clients.
Established in 2022 by Bassem Mahmoud, Banknbox offers a wide array of services, such as transaction monitoring, POS, soft-POS, and ATM administration. Concurrently, CSC Jordan, established in 2004, provides ATM management services as well as all types of electronic payments.
By connecting applications and integrating their customer-facing systems from banks and financial institutions, Banknbox and CSC Jordan hope to improve their standing in the MENA fintech market by offering their clients unique regional offerings.
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Cairo-centered A strategic partnership agreement has been signed by Banknbox, a leading platform for digital banking and payment services, and CSC Jordan, a payments pioneer in the Kingdom for more than 20 years.
Bassem Mahmoud, CEO of Banknbox, expressed his pleasure in announcing the strategic partnership with CSC Jordan. “CSC Jordan, with its extensive experience serving many banks and providing direct services to merchants and customers, is an ideal partner for Banknbox. This partnership will enable collaboration in providing modern banking and payments technology to our mutual customers while tapping into new markets.”, he added.
Through the expansion of a variety of banking options and cutting-edge payment systems, the collaboration seeks to promote financial inclusion and provide cooperative advanced services to clients of both businesses.
Bassem Al Dweik, General Manager of CSC Jordan, shared his enthusiasm for the partnership, stating that it represents an important step towards achieving the mutual vision in providing advanced banking services. As this collaboration aims to enhance financial inclusion and meet the growing needs of customers regionally. “The integration between Banknbox marks CSC Jordan’s first cooperation within the Egyptian market, which we truly value as one of the most promising markets in our region.”
Banknbox and CSC Jordan want to expand their position in MENA’s fintech sector by integrating bank and financial institution customer-facing systems and combining applications to offer customer-specific regional services.
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About Banknbox
Bankbox is a regional payment processor and banking solutions provider with 15 years of experience and a novel solution for physical and digital places. Banknbox is innovative to suit financial entities’ needs and hide electronic payment contents.
About CSC Jordan
CSC Jordan is a division of CSC Group and proudly owns the Islamic Visa Credit Card-Arabex. Credit card services firm CSC-Jordan
