Lately, Banque Misr has signed a Cooperation Agreement with each of Ain Shams University and Damanhour University to offer electronic payment and collection of university tuition fees, and thus bringing the number of universities with which Banque Misr is contracted to 7 universities including (Cairo University – Benha University – Suez Canal University – Assiout University – Sohag University); for the sake of providing university students with the service of electronic payment and collection of tuition fees. Such service allows the students to pay tuition fees through using the payment cards issued by the bank, for free, to university students in order to pay tuition fees through the university's website or through the Point of Sales (POS) Terminals offered by BM within the universities; Banque Misr also provides all the means that support this service through supplying universities with Automated Teller Machines (ATMs) equipped with the latest technologies.

Further, this step comes in the light of Banque Misr's plan to expand the bank's activity in the field of electronic payment through internet; and in compliance with the State's policy to spread Financial Inclusion culture and to activate electronic payment and collection services as well as to achieve a gradual shift from a cash dependent society to a cashless society through carrying out transactions with Electronic Payment Cards and spreading awareness with such cards.    

It is worth mentioning that, Banque Misr has recently achieved a new leap in the electronic payments field; whereas BM has developed an integrated system to mechanize all the governmental payments whether the payments that target the employees of the State Administrative Bodies represented in mechanizing their salaries; or such payments relevant to collecting the payments due to the governmental authorities (Tax Authority – Customs Authority) through mechanizing such payments by applying new mechanisms and techniques promoted by Banque Misr within all its branches, that reach up to 620 branches spread all over Egypt, also through the recent updates achieved by the Egyptian Market in this field that enable companies to pay their due governmental payments within their headquarters by using Corporate Payment Service through the internet.

Moreover, such leap is considered an extension to what is established by Banque Misr in the field of electronic payment cards as the first Egyptian Bank providing such type of services to the customers. Banque Misr has also endeavored to improve such leap through using updated global systems in the field of electronic payments technology, which have qualified the Banque to obtain PCI-DSS certificate as the first Egyptian Bank to obtain such certificate. Also noting that, the number of payment cards (Credit Cards – Debit Cards – Prepaid Cards – Payroll Cards) issued by the BM has reached up to 6 million cards.  

Furthermore, Banque Misr is always keen on providing new and significant services in the electronic payment field, and the other banking services and products to facilitate banking procedures for the customers and to meet their needs.