One of Egypt’s top leading smart card payment processing company, Mediterranean Smart Cards Company (MSCC), has experienced another level of expansion in business as it opens a branch office in Nigeria that will serve the company’s clients in Nigeria.
The aim is to position the company as the hub of the sector in West African within a short period of time relying on its expertise and industry experience to achieve its purpose of providing first_hand support and transfer of knowledge to the local market drawing from its international best practices according to industry report.
Chairman, MSCC, Mr. Paul Edwards, said the decision was a wise one thought at the right direction because the company has been providing smart card payment processing services to leading Nigerian banks over the years.
So with Nigeria’s potential for economic growth, increasingly financially savvy consumers, and desire for industry expertise and knowledge, it’s clear to see why MSCC chose Nigeria as the first business environment to open the first branch since outside Egypt”, he said.
It was a good celebration in Lagos for the clients of the company with the chairman, Paul Edwards and CEO, Hoda Shoukry hosted a cocktail reception for managing directors and executive directors of Nigerian banks; representatives of Visa, MasterCard and NIBBS – the central switch in Nigeria, as well as officials of the Central Bank of Nigeria and the Egyptian Embassy.
Chief Executive Officer, MSCC, Hoda Shoukry said, we are proud to have been able to grow our business in Africa and Nigeria specifically. As we continue with our expansion plan across Africa, we look forward to more effectively and directly communicate with the large client base in Africa and strengthening ties with our business partners.”
Since launching its cutting-edge smart card payment processing service in 2001, MSCC has the inherently added advantage of a sound commercial foundation, a focus on integrity, and also a staunch commitment to upholding the interests of its clients.
The company currently serves more than 85 domestic and international banks within Egypt and outside.
In addition, MSCC has been supporting missions to facilitate smart card issuance and card product lifecycle management and to educate consumers about smart technology: the payment technology of the future.