Banknbox and MineSec Join Forces for an End-to-End SoftPOS mPOC Certified Solution

Cairo 25 Nov 2024:

Banknbox is excited to announce its strategic alliance with MineSec to offer advanced SoftPOS technology to banks and financial institutions. By integrating MineSec’s SDK certified PCI CPOC/MPOC technology, into Banknbox’s platform, the collaboration will empower the partners with a complete digital acquiring solution, providing secure and efficient payment processing for financial institutions and their customers.

Banknbox is expanding its digital capabilities, empowering banks and fintechs to provide a more flexible and cost-effective way for their merchants to accept payments, As exclusive partner in Egypt for MineSec cutting-edge technology, This integration will serve a broad range of financial institutions in Egypt as well as multiple customers across Europe, the Middle East, and Africa to introduce a very cost-efficient and tailored solutions allowing more than 500,000 merchants to leverage their mobile devices to accept payments in 2025.

“We are thrilled to reveal our strategic alliance with MineSec to offer innovative SoftPOS technology along with other services to our customers,” said Bassem Mahmoud, CEO of Banknbox. “This strategic alliance underscores our commitment to enhancing the digital payment landscape and providing our customers with secure, flexible solutions that cater to the evolving needs of today’s market and ensure alignment with the Central Bank of Egypt’s vision and requirements to promote financial inclusion.”

“We are excited to partner with Banknbox in this transformative partnership,” said Angus Chiu, CEO of MineSec. “Our SoftPOS solution offers a powerful, secure tool for financial institutions, enabling them to offer their customers a seamless payment experience, regardless of location or business size. Together, we’re shaping the future of mobile payments in the region.”

Jointly banknbox and MineSec are now offering SoftPOS technology to many customers globally across 3 continents, Banknbox continues to strengthen its role as a leader in innovative financial services, providing seamless digital payment solutions to financial institutions. This strategic collaboration with MineSec marks a significant milestone in our ongoing efforts to drive digital transformation across the region