Egypt plans to convert all electronic government cards to Meeza by the end of December

Cairo – Mubasher: Mohamed Maait, the Egyptian Minister of Finance, said that, by the end of next December, all electronic government cards for the payment of state employees’ dues will be completed into the developed national payment cards known in the media as “Meeza cards” with secure contactless smart chips..

In a statement issued today, Tuesday, Mohamed Maait added that during the months of February, March and April 2021, about 1.2 million electronic government cards for the disbursement of state employees’ entitlements into “Meeza” cards, in cooperation with the banks of Egypt, Al-Ahly, Construction and Housing, and Arab African International , Emirates NBD, Cairo, the Arab Banking Corporation, The United Bank, and the International Commercial International, in addition to the National Post Authority, and the account units in the administrative authorities.

He emphasized that the current cards for the payment of state employees’ dues will not be stopped until after the national payment cards are activated».

He pointed out that the “Meeza” card provides cash withdrawal, deposit and transfer services from machines ATM And electronic purchase via the Internet, and electronic point of sale POSPayment of government dues electronically through the government electronic payment and collection system.

He explained that the experimental phase of converting electronic government cards to pay the state’s employees’ dues to the developed national payment cards began in 2020, and challenges were overcome before the official launch in February..

The Minister also noted that the developed national payment cards “Meeza” are considered the latest technological card in the world, and they provide many benefits to the country’s workers, including the availability of the service of “advance salary” for government salary cards “Meeza” for free for a period of 6 months from the start of operating these cards , Equivalent to 30% of the value of the salary, so that it is used only in the procurement processes, whether through points of sale or websites.

He mentioned that this service does not allow cash withdrawals through ATMs or bank branches, indicating that the amount used from the “salary provided” service in the purchase process is deducted from the salary of the next month directly.

For his part, Imad Abdel Hamid, Head of the Finance Sector, who oversees the Electronic Payment and Collection Unit at the Ministry of Finance, said that the ministry has started implementing the digital transformation project in government financial transactions since 2007, in a way that contributes to the integration between fiscal and monetary policy and achieving “Egypt Vision 2030.””.

Meanwhile, Dalia Fawzy, Director of the Electronic Payment and Collection Unit at the Ministry of Finance, confirmed that all observations were avoided and the challenges revealed in the two experimental phases of the project that were launched in Cairo and the governorates during the year 2020, and it was decided to start the official launch this February, so that by the end of next December, the completion of Transferring all electronic government cards to pay state employees’ dues to the developed national payment cards known in the media as “Meeza Cards”.

She said that the electronic payment and collection system aims to save about 25 percent of the cost of issuing the currency, and about 50 percent of the time for performing the service, and to reduce procedures. In a way that reflects positively on Egypt’s ranking in international indicators, especially those concerned with measuring the competitiveness of countries in the areas of ease of doing business and transparency..
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