Banks operating in the Egyptian market are preparing for the activation of the ‘Miza’ national payment cards. In October, the Central Bank of Egypt (CBE) announced its intention to issue the Miza card before the end of this year as part of its strategy of transforming into a non-cash society and enhancing financial inclusion. “The HDB has completed the configuration of its ATMs to accept the Miza national debit card,” said Fathy Sebaey, chairperson and managing director of the bank. All the tests required to accept the card were carried out on its own network of 200 ATMs spread nationwide. It also comes along with the important initiatives of the government and the CBE to set up a national database and expand financial inclusion.

Source: Daily News Egypt December 16, 2018 09:22 UTC