The government aims to launch its “Meeza” debit card in 2Q2019, beginning with subsidy payments, CIT Minister Amr Talaat told Masrawy. The government plans for Meeza to act as a single platform through which citizens would be able to access all government services amid plans to push for financial inclusion and a cashless economy. Pensioners, civil servants and subsidy recipients will be among the first groups to access the service.
More from Enterprise
CBE tightens oversight on NBFIs banking amid debate
The move comes amid a growing debate over the rapid…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Fawry overhauls subsidiary leadership with new Fawry Plus, Fawry MSME heads
The fintech pioneer taps Group CFO Abdelmeguid Afifi to run…