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New Administrative Capital Aims to Become a Cashless City

MasterCard and delegates from the Administrative Capital for Urban Development discussed a potential agreement to implement electronic payment solutions in the New Administrative Capital.

Could the New Administrative Capital be the first cashless city in Egypt? Will we no longer need to worry about ruffling through our purses in search of the elusive EGP 5 bill with which to pay for our chips at the kiosk? That may soon be the case after a recent meeting between MasterCard and delegates from the Administrative Capital for Urban Development, where they discussed a potential agreement to implement electronic payment solutions in the New Administrative Capital.


Through MasterCard’s ‘City Possible’ project, which works with cities all over the world, the company partners with the likes of Harvard University, Lyft, AT &T, and other industry giants to work on urban tech that integrates smart systems into city infrastructures. The project is scheduled for inauguration in October 2021.