NBE to roll out 500k ‘Meeza’ debit cards in December
The National Bank of Egypt (NBE) is planning to roll out 500k national ‘Meeza’ debit cards next month, through which it will target both banked and unbanked customers, NBE’s head of retail, Alaa Farouk, told Al Mal. Pensioners, civil servants and subsidy recipients will be amongst the first to receive access to the card. Meeza is part of the government’s bid for financial inclusion and transition towards a cashless economy.
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