Meeza

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Meeza
Private
IndustryFinancial services
Founded2019
Headquarters,
Area served
Egypt
ProductsDebit cards, payment systems
OwnerEgyptian Banks Company
Websitewww.meeza-eg.com

Meeza is an Egyptian electronic payment systems provider for domestic transactions within Egypt. It is supported by the Egyptian government[1][2][3] and is regulated by the Egyptian Central Bank and the national Egyptian Banks Company (EBC)[4][5]. Meeza provides similar electronic payment services as MasterCard and Visa but can only be used locally inside Egypt[6]. The name Meeza means "advantage" in Egyptian Arabic.

History[edit]

Meeza was already established by the start of 2019. Meeza was established to provide a national payment scheme supporting a cashless society in Egypt[7]. By the end of 2019, Meeza has issued about 4 million payment cards for use within the Egyptian network[8][9].


Products and services[edit]

Meeza produces bank cards and mobile wallet applications for local transactions within Egypt. Meeza payment cards are accepted in merchandise stores and government organisations across Egypt[2], in addition to online Egyptian e-commerce websites[10]. Meeza issues both prepaid payment cards and bank account debit cards[11]. The cards are issued by most of the major banks in Egypt like National Bank of Egypt (NBE), Banque Misr, Alex Bank[12], Banque du Caire, Commercial International Bank (CIB), and other Egyptian banks[7][2]. The Meeza card products also include contactless cards for point-of-sale outlets supporting them.


See also[edit]

References[edit]

  1. ^ "Meeza cards free in several banks until November 1: ministry". Egypt Independent. Retrieved 29 December 2019.
  2. ^ a b c "Egyptians must use e-payment for all govt services and fees from May". Al-Ahram. Retrieved 29 December 2019.
  3. ^ "Egypt ushering in e-payments". Al-Ahram. Retrieved 29 December 2019.
  4. ^ "Meeza Products". Egyptian Banks Company. Retrieved 28 December 2019.
  5. ^ "The United Bank launches electronic payments through the national card "Meeza"". The United Bank. Retrieved 29 December 2019.
  6. ^ "Egypt's banks issue 3.2mln Meeza cards until end of October". Zawya. Retrieved 29 December 2019.
  7. ^ a b "Meeza cards, the Egyptian national payment scheme push for financial inclusion in Egypt". FinTech Egypt. Retrieved 28 December 2019.
  8. ^ "CBE official: Banks issue 4m Meeza cards so far". Egypt Today. Retrieved 28 December 2019.
  9. ^ "Egyptian banks issued 4mln Meeza cards: CBE official". Zawya. Retrieved 29 December 2019.
  10. ^ "Souq.com (an Amazon company) accepts Meeza cards for online purchases". Souq.com. Retrieved 29 December 2019.
  11. ^ "CIB Meeza Prepaid Cards". Commercial International Bank (CIB). Retrieved 29 December 2019.
  12. ^ "Meeza prepaid cards by Alex Bank". Alexbank.com. Retrieved 29 December 2019.

External links[edit]