{"id":547896,"date":"2022-07-18T04:00:32","date_gmt":"2022-07-18T04:00:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/"},"modified":"2022-07-18T04:00:32","modified_gmt":"2022-07-18T04:00:32","slug":"banque-du-caires-telda-prepaid-card-gets-central-bank-approval","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/","title":{"rendered":"Banque du Caire\u2019s Telda prepaid card gets central bank approval"},"content":{"rendered":"<p><strong>CBE gives greenlight to BdC\u2019s Telda prepaid card: <\/strong>Banque du Caire has received final approval from the Central Bank of Egypt to launch a prepaid card in collaboration with digital banking app <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=io.telda.app&hl=en&gl=US\">Telda<\/a>, according to <a href=\"https:\/\/tinyurl.com\/muxup9p3\">Hapi Journal<\/a>. The Telda card can be used online and in-store, for money transfers, and for ATM withdrawals inside and outside Egypt. Customers can use the card without being banked.<\/p>\n<p><strong>Those who illegally encroach on the Nile will be referred to military prosecution<\/strong>, as the government continues its crackdown on construction and pollution on the river, Irrigation Minister Mohamed Abdel Aty said in <a href=\"https:\/\/bit.ly\/3IOweJM\">a statement<\/a>. The government has taken new punitive measures against encroachments on agricultural land this year, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/157923d2-2139-4493-ae6b-266f53ef9e23\">suspending food and fertilizer subsidy payments<\/a> to more than 8k people in Kafr El Sheikh. <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c1695ea8-c915-49ae-b9f8-c0e2fa17a928\">Draft legal amendments<\/a> approved by the cabinet in March would introduce new fines and jail terms for offenders if passed by the House.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBE gives greenlight to BdC\u2019s Telda prepaid card: Banque du Caire has received final approval from the Central Bank of Egypt to launch a prepaid card in collaboration with digital banking app Telda, according to Hapi Journal. The Telda card can be used online and in-store, for money transfers, and for ATM withdrawals inside and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,726,271,130,72,290],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547896","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-banque-du-caire","tag-central-bank-of-egypt","tag-construction","tag-enterpriseam","tag-financial-inclusion","wpautop","entry"],"acf":{"mongo_id":"5278bdda-cceb-4f31-ad84-859714de6f64","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[547880],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banque du Caire\u2019s Telda prepaid card gets central bank approval - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque du Caire\u2019s Telda prepaid card gets central bank approval\" \/>\n<meta property=\"og:description\" content=\"CBE gives greenlight to BdC\u2019s Telda prepaid card: Banque du Caire has received final approval from the Central Bank of Egypt to launch a prepaid card in collaboration with digital banking app Telda, according to Hapi Journal. The Telda card can be used online and in-store, for money transfers, and for ATM withdrawals inside and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-18T04:00:32+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque du Caire\u2019s Telda prepaid card gets central bank approval\",\"datePublished\":\"2022-07-18T04:00:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\"},\"wordCount\":164,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"Banque du Caire\",\"Central Bank of Egypt\",\"construction\",\"EnterpriseAM\",\"financial inclusion\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/07\/18\/banque-du-caires-telda-prepaid-card-gets-central-bank-approval\/\",\"name\":\"Banque du Caire\u2019s Telda prepaid card gets central bank approval - 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It\u2019s encouraging news for Planet Startup as global economic woes see many local firms tightening their belts.Digital banking\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/217.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562271,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/sequoia-makes-its-first-north-africa-gcc-investment-in-egypts-telda\/","url_meta":{"origin":547896,"position":3},"title":"Sequoia makes its first North Africa + GCC investment in Egypt\u2019s Telda","author":"enterpriseam admin","date":"18 May 2021","format":false,"excerpt":"Digital banking app Telda landed USD 5 mn in a pre-seed funding round led by Silicon Valley-based VC firm Sequoia Capital, according to a statement (pdf). Global Founders Capital and Class 5 Global also participated in the investment round.The investment means Telda just broke the regional record for pre-seed funding,\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/134.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549076,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/01\/selling-electricity-to-greece-plus-philip-morris-is-making-smokes-here-now-and-farmers-will-get-more-for-wheat\/","url_meta":{"origin":547896,"position":4},"title":"Selling electricity to Greece. Plus: Philip Morris is making smokes here now and farmers will get more for wheat","author":"enterpriseam admin","date":"1 September 2022","format":false,"excerpt":"More energy cooperation with Greek partners? 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