PayCord Replaces PayPort on Egypt Traffic as New Local Teams Take Priority in 2026

In early 2025, PayCord approached a company with an offer to connect and enter the Egypt market. The offer was declined, and by June 2026 the project has been frozen after PayPort quietly built out local teams, shifted performance away from most merchants, and left no traffic on the table for newer partners.

1. PayCord came in with a proposal in early 2025 to join its Egypt push, but the company turned it down. The source says the company kept to the original arrangement; the issue was not a breach of contract on its side.
2. By June 2026, the project is being frozen because there is no traffic left. The reason given is that PayPort secretly brought on many local teams over that period, which led to lower performance and weaker visibility for most merchants.
3. The source says PayPort now sees no reason to keep supporting the project and is prioritizing Egyptian teams working “from a basement” at 0.5% lower cost. In practice, that means the cheaper local operators got the flow, while the original project lost traffic.
4. The market is described as having been taken by PayCord, which is no longer opening the door to new teams. Only the first partners to join are being kept in the setup, according to the source, so later entrants are shut out.
5. The opening line also mentions a blocked balance of $20.000 and says one of “their hubs” was taken down in retaliation. For PSPs and merchants, that is the part that matters operationally: once settlement relationships sour, the downstream answer is usually not a polite email thread but a frozen project and a reshuffled traffic path.