Company:Meeza

From HandWiki
Short description: Egyptian financial organization
Meeza (ميزة)
TypePrivate
IndustryFinancial services
Founded2019
Headquarters,
Area served
Egypt
ProductsDebit cards, payment systems
OwnerEgyptian Banks Company
Websitemeeza-eg.com

Meeza (ميزة) 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 "special" in Egyptian Arabic.

History

Meeza was established in early 2019, 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]

In October 2020, Meeza started offering free prepaid cards to Egyptians, which can be used locally and can not be used outside Egypt.[10]

Products and services

Meeza produces bank cards and mobile wallet applications for local transactions within Egypt. Meeza payment cards are accepted in merchandise stores and government organizations across Egypt,[2] in addition to online Egyptian e-commerce websites.[11] Meeza issues both prepaid payment cards and bank account debit cards.[12] The cards are issued by most of the major banks in Egypt like National Bank of Egypt (NBE), Banque Misr, Alex Bank,[13] 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.[citation needed]

See also

References

  1. "Meeza cards free in several banks until November 1: ministry". Egypt Independent. https://egyptindependent.com/customers-able-to-obtain-meeza-cards-for-free-till-november-1-ministry/. Retrieved 29 December 2019. 
  2. 2.0 2.1 2.2 "Egyptians must use e-payment for all govt services and fees from May". Al-Ahram. http://english.ahram.org.eg/NewsContent/3/12/329298/Business/Economy/Egyptians-must-use-epayment-for-all-govt-services-.aspx. Retrieved 29 December 2019. 
  3. "Egypt ushering in e-payments". Al-Ahram. http://english.ahram.org.eg/NewsContent/3/12/321986/Business/Economy/Egypt-ushering-in-epayments.aspx. Retrieved 29 December 2019. 
  4. "Meeza Products". Egyptian Banks Company. http://www.egyptianbanks.com/en-us/services/meeza.aspx. Retrieved 28 December 2019. 
  5. "The United Bank launches electronic payments through the national card "Meeza"". The United Bank. https://www.theubeg.com/press-room/news/detail/The-United-Bank-launches-electronic-payments-through-the-national-card-Meeza-. Retrieved 29 December 2019. 
  6. "Egypt's banks issue 3.2mln Meeza cards until end of October". Zawya. https://www.zawya.com/mena/en/business/story/Egypts_banks_issue_32mln_Meeza_cards_until_end_of_October-SNG_158867574/. Retrieved 29 December 2019. 
  7. 7.0 7.1 "Meeza cards, the Egyptian national payment scheme push for financial inclusion in Egypt". https://fintech-egypt.com/news/Meeza-E-Payment-Cards-Push-for-Financial-Inclusion-in-Egypt/. Retrieved 28 December 2019. 
  8. "CBE official: Banks issue 4m Meeza cards so far". Egypt Today. https://www.egypttoday.com/Article/3/78947/CBE-official-Banks-issue-4m-Meeza-cards-so-far. Retrieved 28 December 2019. 
  9. "Egyptian banks issued 4mln Meeza cards: CBE official". Zawya. https://www.zawya.com/mena/en/business/story/Egyptian_banks_issued_4mln_Meeza_cards_CBE_official-SNG_162893405/. Retrieved 29 December 2019. 
  10. "طريقة الحصول على كارت "ميزة" مجانًا ضمن مبادرة الشمول المالي". https://www.masrawy.com/news/news-banking/details/2020/10/17/1894299/%D8%B7%D8%B1%D9%8A%D9%82%D8%A9-%D8%A7%D9%84%D8%AD%D8%B5%D9%88%D9%84-%D8%B9%D9%84%D9%89-%D9%83%D8%A7%D8%B1%D8%AA-%D9%85%D9%8A%D8%B2%D8%A9-%D9%85%D8%AC%D8%A7%D9%86-%D8%A7-%D8%B6%D9%85%D9%86-%D9%85%D8%A8%D8%A7%D8%AF%D8%B1%D8%A9-%D8%A7%D9%84%D8%B4%D9%85%D9%88%D9%84-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-. 
  11. "Souq.com (an Amazon company) accepts Meeza cards for online purchases". https://egypt.souq.com/eg-en/eg-meeza-wfs19/c/. Retrieved 29 December 2019. 
  12. "CIB Meeza Prepaid Cards". Commercial International Bank (CIB). https://www.cibeg.com/English/Personal/Cards/Pages/CIB-Meeza-Cards.aspx. Retrieved 29 December 2019. 
  13. "Meeza prepaid cards by Alex Bank". https://www.alexbank.com/en/retail/cards/meeza-card.html. Retrieved 29 December 2019. 

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