MineSec, a leading provider of secure digital payment solutions, today announced a strategic partnership with Banknbox, a cutting-edge financial technology company based in Cairo, Egypt. This collaboration marks a significant step forward in the evolution of mobile payments in the Middle East, bringing secure and convenient SoftPOS (Software Point of Sale) solutions to businesses and consumers alike.
MineSec SoftPOS technology, enabling merchants to accept card payments using any NFC-enabled mobile device. This innovative solution eliminates the need for traditional POS terminals, reducing costs and increasing flexibility for businesses.
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 this cutting-edge technology, This integration will serve a broad range of financial institutions as well as multiple customers across Europe, the Middle East, and Africa, 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.”
“We are delighted to join forces with Banknbox in this groundbreaking partnership,” says Angus Chiu, CEO of MineSec. “Our SoftPOS solution offers a flexible and secure way for merchants to accept payments, regardless of their location or business size. Combined with Banknbox's deep expertise in the financial services sector, will undoubtedly propel the mobile payments revolution in the Middle East.”
About Banknbox
Banknbox provides a flexible, end-to-end suite of digital services tailored to meet client needs quickly and affordably. From mobile and internet banking apps to white-label e-wallets, e-KYC, and secure card issuance and processing, Banknbox covers all key areas of digital banking. With additional offerings like chatbots, open banking APIs, and solutions for automated branches, Banknbox enables banks to deliver a seamless digital experience on one powerful platform.
Visit www.banknbox.com to learn more.
About MineSec
MineSec is a leading provider of white-label SoftPOS solutions, enabling secure and convenient payments for businesses of all sizes across the globe. They envision a world where payment transactions are as effortless and intuitive as breathing, empowering individuals and businesses to thrive in a seamless digital economy. Through innovative and user-centric mobile-based payment solutions, MineSec aspires to become the leading household brand in payment solutions, revolutionizing the way people experience payments.
Contact us today to learn more about how SoftPOS can transform your business.