BNP Paribas Egypt has launched new Platinum MasterCard credit card which is equipped with contactless payment technology.

BNP Paribas Egypt said that the card allows cardholders to pay for their purchases wherever contactless card program MasterCard PayPass is accepted. The cardholders will only have to tap their card in front of a specially equipped POS machine to make payments of less than a specified value with their cards.

Maha El-Sayed, head of retail banking at BNP Paribas Egypt, said: “We at BNP Paribas are keen on meeting the clients growing demands to provide the most advanced solutions and services that would facilitate their lifestyles and meet their daily demands. The card is an exclusive product tailor-made with the most advanced technology and innovative solutions.”

Magdy Hassan, vice president and country manager of Egypt at MasterCard, said: “Armed with the MasterCard PayPass functionality, BNP Paribas Platinum MasterCard cardholders will stand to benefit from making contactless payments when traveling overseas. This advanced payment option brings for consumers a fast, convenient and secure alternative to paper-based payments at quick-pay