Latest in Tag: cards Highlight
Latest in Tag: cards

28,000 government employees payroll cards to be replaced with “Meeza” cards in October: Finance Minister
Second pilot phase aims to issue contactless cards across 10 governorates

Banque Misr issued 6.32m cards by end of June 2018
Bank aims to be present in coming period in Milan, Seoul, Nairobi, more African countries

Merchants demand raising their profitability from selling prepaid topup cards to 6%
Mobile Phones and Communications Division to meet with mobile network operators to seek compensation from difference in prices of cards

Approval of fuel system’s 3rd phase after distributing cards to consumers
Smart cards currently monitoring distribution of petroleum products in the local market

Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set earlier on Egyptians’ use of US dollars abroad through cash and electronic payment cards. Commercial state banks including the National Bank of Egypt (NBE), Banque Misr, and Banque du Cairo were the first to make this move, and were followed by other banks …

Banque Misr, CIB amend spending limits on cards abroad
Banque Misr and the Commercial International Bank (CIB) decided to amend the spending limits imposed on their cards for usage abroad. Other banks are still considering whether to follow suit. Mohamed El-Etreby, chairperson of Banque Misr, said that the bank changed the spending limit on its cards abroad. The bank’s Classic card spending limit was …

Mobile phone traders launch campaign to increase mobile, top-up card sales
Traders demand a 5% increase in top-up card prices, mobile phones by 10%

HDB suspends cards of manipulative clients, closes their accounts: chairperson
Banks are making great efforts to solve foreign currency shortage in Egypt