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Standards/meeza-qr

Meeza QR

TypeNational
PrimaryEG
MentionedEG
Completeness91%high

Overview

Meeza is Egypt's national card-payment scheme, established by Presidential Decree No. 89/2017 to support a cashless society in Egypt — operated by the Egyptian Banks Company (EBC) under Central Bank of Egypt (CBE) authority [1, 2, 3, [eg-cro]]. Meeza launched formally in 2017 as Egypt's domestic-card-payment scheme — equivalent to Saudi Arabia's mada, India's RuPay, Bangladesh's TakaPay, Russia's MIR, and Pakistan's PayPak. By 2023, over 17 million Meeza cards had been issued by 28 participating banks, with current reporting suggesting 35+ million cardholders in Egypt. CBE planned 16,000+ quick payment service (QR code) acceptance points during the rollout phase.

The structural significance: Meeza is the Egyptian leg of the regional MENA national-card-scheme trend — alongside mada SA, BENEFIT BH, KNET KW, UAE Switch. Meeza cards include prepaid + debit forms, accepted at Egyptian POS + ATMs + online merchants, with QR-code acceptance as a growing channel. Egypt's broader payment ecosystem (fawry-qr platform, instapay consumer app on CBE's IPN rail) integrates with Meeza as the domestic card layer for non-Visa/Mastercard transactions. Meeza is also the structural counterpart to Egypt's broader financial-inclusion drive — supporting CBE's National Payment Council mission to reduce cash-outside-the-banking-sector and promote digital alternatives.

History

2017 — Presidential Decree No. 89/2017 [3]:

  • Establishes National Payments Council to coordinate cashless-society efforts.
  • Mandates EBC to develop + operate Meeza as the national payment-card scheme.

Early Meeza rollout (2017-2019) [2]:

  • EBC develops the scheme infrastructure.
  • Major Egyptian banks begin issuance.

End of 2019 — 4 million cards [3]:

  • Initial scale-up phase.

July 2020 — National Bank of Egypt 2M+ Meeza users [3]:

  • NBE alone reaches 2M Meeza customers.

2023 — 17M+ cards by 28 banks [3]:

  • Substantial scale; majority of Egyptian banks participating.

Current — 35M+ cardholders [3]:

  • Continued growth.

QR-code acceptance [3]:

  • CBE plans 16,000+ QR-code acceptance points.
  • Integration with fawry-qr POS network (60K+ POS).

Technical specification

Meeza is Egypt's EBC-operated national card-payment scheme with QR acceptance [1, 2, 3]:

Layer Description
Operator Egyptian Banks Company (EBC)
Regulator Central Bank of Egypt (CBE) + National Payments Council
Establishment Presidential Decree No. 89/2017
Card types Debit, prepaid
Acceptance Egyptian POS + ATM + online + QR-code
Currency EGP (Egyptian pound)
Cards issued (2023) 17M+ by 28 banks
Cards currently 35M+ cardholders
QR acceptance target 16,000+ points

Co-branding context EG:

  • Most Egyptian banks issue Visa/Mastercard cards alongside Meeza.
  • Meeza routes domestically; Visa/Mastercard route internationally — similar combo to dankort DK or mada SA.

Cashless ecosystem context EG:

  • Meeza + instapay + fawry-qr + CBE IPN form Egypt's coordinated digital-payment fabric.

Use cases

Domestic Egyptian card payments [2]: POS + ATM + online.

Government bill payment [2]: Meeza accepted for government fees, utilities.

Financial-inclusion target (unbanked Egyptians) [3]: Prepaid Meeza cards extend digital-payment access to previously-unbanked.

QR-code acceptance (growing) [3]: 16,000+ targeted QR-code acceptance points.

E-commerce [2]: Meeza accepted for Egyptian online merchants.

Salary cards (prepaid) [2]: Many Egyptian employers issue prepaid Meeza cards to unbanked employees for salary payment.

Implementations & ecosystem

Operator: Egyptian Banks Company (EBC).

Regulator: CBE + National Payments Council.

28 participating banks including:

  • NBE (National Bank of Egypt, largest issuer).
  • Banque Misr.
  • CIB.
  • QNB Alahli.
  • HSBC Egypt.

Companion infrastructure:

  • instapay (consumer app on IPN).
  • fawry-qr (payment platform).
  • IPN (CBE instant rail).

Fun facts

  • Presidential Decree-mandated: Meeza is unusual among national card schemes for being explicitly mandated by presidential decree (No. 89/2017) — most peer schemes are central-bank-coordinated voluntary initiatives.
  • Egypt's National Payments Council: Established alongside Meeza to coordinate broader cashless-society push — institutional infrastructure beyond just the card scheme.
  • 17M cards in 6 years, 35M+ now: Substantial growth — comparable trajectory to mada SA, RuPay IN.
  • 28 issuing banks: Most major Egyptian banks participating.
  • Prepaid + debit + (likely) credit: Tiered card types serving different segments.
  • Financial-inclusion centrepiece: Many Meeza cards are prepaid for unbanked Egyptians, particularly salary-disbursement cards.
  • Integrates with fawry-qr POS network: 60K+ POS from Fawry + Meeza acceptance = comprehensive Egyptian domestic-card ecosystem.

Comparison

Feature Meeza (EG) mada (SA) RuPay (IN) TakaPay (BD) dankort (DK)
Operator EBC (CBE) Saudi Payments (SAMA) NPCI (RBI) Bangladesh Bank Nets (private)
Launch 2017 (decree) / 2019 (scale) 1990 (rebrand 2015) 2012 Jun 2024 Sep 1983
Cards in circulation 35M+ Universal Major Growing ~5M
Co-branding Visa/MC combo Visa/MC combo Visa/MC combo Visa/MC combo Visa/Dankort combo
Mandate origin Presidential Decree 89/2017 Royal Decree NPCI CBE Bank consortium agreement

Status

Active, dominant Egyptian domestic card [2, 3]:

  • EBC operator, CBE-supervised.
  • 35M+ cardholders.
  • 28 participating banks.
  • QR acceptance growing.
  • Companion to instapay + fawry-qr + IPN.

Sources

Deployments

Found in the following country reports (grep across reports/countries/):

source · docs/standards/meeza-qr/index.md