eNovate, a subsidiary of eFinance for Financial and Digital Investments, has announced a cooperation agreement with Premium Card for Finance to issue, operate, and manage Premium Card products and their additional services.

eNovate is committed to providing integrated digital solutions, including a mobile application and KYC (Know Your Customer) verification for card applicants. The company also ensures monitoring of any security breaches and offers customer service representatives to guarantee a safe and efficient banking experience.

Among the advanced features offered by eNovate are 3D Secure service for online transaction protection, Real-Time Fraud Management to detect and prevent suspicious activity, and Settlement & Reconciliation services to ensure financial accuracy.

Ms. Nashwa Kamel, CEO of eNovate, expressed pride in the collaboration with Premium Card, stating: “This partnership is a strong addition to eNovate’s service portfolio in the card sector. We continue to lead in delivering integrated and innovative services that meet customer needs in the Egyptian market.”

Mr. Osama, CEO of Premium International for Financial Services, added: “We look forward to working with eNovate, which brings deep expertise in digital card solutions. Through this partnership, we will enhance Premium Card services and offer greater benefits to our customers, enabling them to enjoy flexible installment programs and access thousands of merchants across Egypt.”

Premium Card is the first of its kind in Egypt since 2002, offering customers the freedom to use their credit limits without a minimum spend or upfront payment. It allows installment purchases with low interest rates and flexible payment plans of up to 30 months, making it easier for customers to access a wide range of products from over 10,000 stores across Egypt.

Formerly known as eCards, eNovate is a pioneer in delivering integrated digital payment solutions in Egypt, offering distinguished and innovative services including digital card issuance, managed card services, and advanced solutions for businesses and financial institutions.