Egypt to replace 5 mln payment cards with Meeza under digital transformation project: Finance ministry

Egypt to replace 5 mln payment cards with Meeza under digital transformation project: Finance ministry

Egypt's Ministry of Finance plans to replace five million current payment cards, used to disburse state employee dues, with free Meeza payment cards, Minister of Finance Mohamed Maait announced Thursday.

Meeza payment cards allow state employees to withdraw cash from ATMs, shop online, pay governmental dues through the government payment and collecting system, and to purchase goods at electronic purchasing points (POS), according to Maait.

Maait said that Egypt is witnessing a new phase of digital transformation with an aim of achieving goals of financial inclusion, through which citizens can obtain services needed at their real cost.

He added that the drive is consistent with President Abdel-Fattah El-Sisi's directives on a gradual transformation to Digital Egypt, a national project that is one of Egypt's economic priorities.

"Egypt has