Cairo: – First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, proudly announces its outstanding achievement in winning the "Leading Digitization of SMEs Payments" award at the Mastercard EDGE 2023 event. The awards ceremony, held in Dubai, centered around the theme 'Reimagining Tomorrow's Transactions' where industry experts gathered to explore emerging trends reshaping the digital payments landscape. This accolade comes within the first year of Access by FABMISR's launch in Q3 2022, showcasing the platform's rapid success and impactful contributions to the digital payments landscape.

Access by FABMISR has revolutionized the digital payments sector with its comprehensive suite of services, including a robust Payment Gateway, dynamic Payment Links, and efficient E-invoicing capabilities. Designed to cater to the end-to-end acquiring value chain, this online payment gateway service has positioned FABMISR as a leader in facilitating seamless and secure transactions.

FABMISR targeted the SME segment with a strategic focus on E-commerce. The "Leading Digitization of SMEs Payments" award not only underscores the platform's commitment to this key market but also solidifies its position as a trailblazer in supporting SMEs.  Access by FABMISR's dedication to offering a diverse and rapid payment solution has proven to be a game-changer, offering its clients unparalleled advantages in a competitive market landscape.

Beyond business success, Access by FABMISR takes pride in contributing to financial inclusion by supporting and incubating SMEs and social commerce merchants, recognizing the significance of social E-commerce as the future of online shopping and catering to the evolving needs of businesses in the digital era. The platform's concrete module and full-fledged proposition in online payment gateway services have played a pivotal role in fostering financial growth and inclusivity.

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ABOUT FABMISR:

FABMISR, a subsidiary of the First Abu Dhabi Bank Group (FAB), is one of the largest foreign banks operating in Egypt. FABMISR’s local network operates through 63 branches, where it provides leading banking products and services that cater to all customer segments; along with achieving the highest value for its stakeholders and employees. Moreover, the bank offers a personalized banking experience to meet the various expectations of its customers from large organizations, SMEs and consumers whilst utilizing its global experience to support stakeholders, entrepreneurs and the local economy.

FAB is one of the world’s largest and safest financial institutions with an international network spanning over five continents. The bank also offers global relationships, extensive experience, and financial strength to support local, regional, and international companies seeking to manage their businesses at home and abroad.

FAB is rated Aa3, AA- and AA- by Moody's, Standard & Poor's (S&P, and Fitch, respectively), making it the most robust aggregate rating of banks in the Middle East and North Africa region. FAB is also a regional leader in sustainability and is part of the MSCI ESG Leaders Index and FTSE4Good EM.

For more information on FABMISR, please visit http://www.fabmisr.com.eg.