Egypt
 
2017

2017

Launch date
200+

200+

Professionals
6

6

Countries of operations

Who We Are

Areeba Egypt is a company licensed by the Central Bank of Egypt for electronic payment services, and is a payment processor (License No. 12). Areeba Egypt is a subsidiary, affiliated to areeba group, that covers the Levant, North Africa, and the Gulf countries.

We provide smarter, faster, and easier payment methods for banks, merchants, governmental institutions, and individuals, to develop their businesses throughout Egypt. The company’s scope of work includes, providing services to issue electronic payment cards, of various kinds, through international companies that grant electronic payment licenses. In addition to equipping them with electronic payment gateways, areeba provides businesses electronic wallets to facilitate the process of paying bills electronically, and collecting them through its self-developed systems.
About us

Our success is powered by…

People

Our team constructs innovative solutions to shift payments to a digital and cashless ecosystem, connecting your customers across the world, seamlessly.

Innovation

Innovation is key, and areeba remains at the forefront of intuitive processes, exploring new techniques and fresh ideas, with the aim to perfectly serve our clients.

Mission & Vision

Mission

Simplifying daily financial dealings, with the ultimate purpose of reconciling people with monetary affairs.

Vision

Fostering cashless digital inclusion around the world.

Our Values

Authenticity, flexibility, transparency, inclusion, and creativity are the reasons why financial institutions, merchants, and governmental clients rely on us; they are what set us apart from competition, and attract great talent to our family.

Our Corporate Strengths

Advanced Card Management Platform

Our unique differentiator is our in-house developed platform, Verto. A cloud-native platform, with API and microservices design, Verto gives us an edge in better serving our clients and supporting the tools and technology needed for digital payments and technologies. Scalable and flexible, we are able to onboard banks and create products in record time.

Verto has 4 main components:

  • Verto Issuing: the card management system
  • Verto Switch: our robust switch
  • Verto Acquiring: enabling omnichannel acceptance of payments
  • Verto Financial Module: for settlement and reconciliation of all transactions
Technology and Infrastructure
areeba provides our customers with a full suite of technology-enabled payments solutions. Our infrastructure is well-invested, highly secure, and incredibly versatile designed for customers of varying levels of size and complexity, with the ability to support ongoing product innovation in an agile way.
Security

areeba became a PCI DSS certified organization in 2018 by complying with Data Security Standards of the Payment Card Industry. PCI DSS is an important security process mandated by the Card Schemes to manage security standards for electronic transactions and protect the cardholders’ data.

Solid Structure
Our bank-agnostic models further our advantage as a leader in the industry, providing innovative solutions to customers globally.
We are proud to have the support of the M1 Group as a fully owned subsidiary. The M1 Group is a diversified investment company, with a true track record in mobile telephony in Europe, the Middle East and Africa.

Our Solutions

We provide smart, efficient and secure payment solutions and robust processing capabilities.


Interested in our solutions ?

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