2020-05-21

A circular dated May 21, 2020 regarding the Central Bank’s initiative for electronic payment

The Meeza digital payment ecosystem supports multiple payment options and transaction methods through ATMs, Point of Sale (POS) terminals, Mobile Wallet, Internet Banking, and Card reader devices. Both Standard POS and Mini POS have card reading capabilities for various types like Magstripe ISO 1/2/3, Smart cards EMV Level 1, and Contactless ISO 14443 Types A & B. The system also supports QR Code transactions as per Meeza digital specifications. Both devices offer Wireless and Bluetooth connectivity options and support the integration of 3rd-party APIs to extract details such as terminal locations, status, etc. The PCI PTS 5.X-approved security feature ensures safe and secure transaction handling.

Egypt

Central Bank of Egypt

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