![CBE launches Payment Card Tokenization on mobile apps, Apple Pay to boost digital transactions Hassan Abdalla, Governor of the Central Bank of Egypt](https://news.charm-retirement.com/wp-content/uploads/2024/12/حسن-عبد-الله-محافظ-البنك-المركزي-المصري-600x400.jpg)
CBE launches Payment Card Tokenization on mobile apps, Apple Pay to boost digital transactions
In alignment with the Central Bank of Egypt’s (CBE) vision to transition towards a less-cash society and promote the adoption of electronic payments, the CBE has introduced payment card tokenization on mobile applications, with the successful activation of Apple Pay as the first phase. This milestone represents a significant step in encouraging Egyptian citizens to…