visimoney
TLDR:
Valu, a leading fintech enterprise in the MENA region, has partnered with Visa to launch a new prepaid Valu card in Egypt. This prepaid card allows users to transfer funds from their Valu limit conveniently. The card offers 60-month payment tenors with Visa acceptance at all outlets and features smart budgeting tools. The launch aims to enhance payment convenience in Egypt and transition to an open-loop payment system. Potential cardholders can obtain the card at designated Valu booths and activate it through the Valu app.
Valu, a prominent financial technology company in the MENA region, has teamed up with Visa to introduce a new prepaid Valu card in Egypt. This prepaid card allows users to transfer funds from their Valu limit to the card with ease. The card offers 60-month payment tenors and Visa acceptance at all outlets. It also provides features such as real-time balance tracking and transaction history within the app to help users manage their finances efficiently. The introduction of the Valu prepaid card is seen as a significant step towards enhancing payment convenience in Egypt and transitioning to an open-loop payment system for a more seamless experience.
The Valu prepaid card launch represents a strategic move by Valu to address market challenges, streamline operational expenses, and improve customer access to financial services. By offering this new payment solution, Valu aims to empower customers with increased flexibility at various outlets in Egypt and online. The partnership with Visa enables Valu to leverage cutting-edge global payment solutions, ensuring a seamless shopping experience for users within Visa’s extensive network. Users can obtain the Valu prepaid card at designated booths and activate it through the Valu app by linking the QR code on the card’s welcome letter. Overall, the introduction of the Valu prepaid card signifies a shift towards operational efficiency and a more user-friendly financial landscape in Egypt.
