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Sunday, 7 July 2019

Egypt aims to pay employees electronically through new state-backed debit card

Around 4.5 mn civil servants could receive their salaries through the state-backed “Meeza” debit cards starting August, Finance Ministry spokesman Mohamed Ibrahim said, according to Al Shorouk. Around 270k citizens have already been issued Meeza cards while the ministry has distributed some 18k PoS machines to government entities. The government had made it mandatory for government payments over EGP 500 to be paid electronically starting 1 May.

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