Central Bank of Egypt Approves Meeza Prepaid Cards From PayMint to Advance Financial Inclusion

Egyptian fintech PayMint has received final approval from the Central Bank of Egypt to launch its first ‘Meeza’ prepaid cards in partnership with Abu Dhabi Islamic Bank (ADIB). PayMint plans for the new Meeza prepaid cards to enable its customers to carry out purchases, cash withdrawals, and online shopping in Egypt. Meeza cardholders will be able to monitor their usage, check their available balance, and manage their cards through the mobile application.

Approving the launch aligns with the Central Bank of Egypt’s efforts to collaborate with more fintechs to provide solutions that advance financial inclusion in line with the Egyptian government’s vision. The initiative supports the transition towards a cashless society, offering comprehensive digital solutions that meet customers’ needs.