Logo of Meeza | |
Type | Private |
---|---|
Industry | Financial services |
Founded | 2019 |
Headquarters | , |
Area served | Egypt |
Products | Debit cards, payment systems |
Owner | Egyptian Banks Company |
Website | meeza-eg |
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.
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]
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]
Original source: https://en.wikipedia.org/wiki/Meeza.
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