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Meeza
Meeza () is an Egyptian electronic payment systems provider for domestic transactions within Egypt. It is supported by the Egyptian government and is regulated by the Egyptian Central Bank and the national Egyptian Banks Company (EBC). Meeza provides similar electronic payment services as MasterCard and Visa but can only be used locally inside Egypt. History Meeza was established in early 2019, to provide a national payment scheme supporting a cashless society in Egypt. By the end of 2019, Meeza has issued about 4 million payment cards for use within the Egyptian network. In October 2020, Meeza started offering free prepaid cards to Egyptians, which can be used locally and can not be used outside Egypt. Products and services Meeza produces bank cards and mobile wallet applications for local transactions within Egypt. Meeza payment cards are accepted in merchandise stores and government organizations across Egypt, in addition to online Egyptian e-commerce websites. Meeza iss ...
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Egyptian Banks Company
Egyptian Banks Company is a government-owned joint-stock company, affiliated with the Central Bank of Egypt.{{Cite web , title=Egyptian Banks Company Profile {{! Management and Employees List , url=https://www.datanyze.com/companies/egyptian-banks/358728977 , access-date=2025-02-07 , website=Datanyze , language=en It was established in 1995 with a partnership and contribution from the Central Bank of Egypt and several banks operating in the Egyptian market. The company works in the field of the national payment orders switch, electronic clearing, electronic payments, and the design of information systems and software for electronic payments within Egypt. The company owns a network connecting 123 banks, the "Meeza Meeza () is an Egyptian electronic payment systems provider for domestic transactions within Egypt. It is supported by the Egyptian government and is regulated by the Egyptian Central Bank and the national Egyptian Banks Company (EBC). Meeza pr ..." card brand, and the ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Bank Of Alexandria
The Bank of Alexandria is one of the largest banks in Egypt, with 210 branches across the country. It has a market share of almost 7% and had assets of 5.2 billion euros (US$6.5 billion) as of June 30, 2006. Intesa Sanpaolo is the major shareholder in the bank. It holds 70.25% of the bank shares, IFC holds 9.75% and the Egyptian Government holds 20%. Mahmoud Abdel Salam Omar, who is a former head of the Egyptian Banks Federation, is a former chairman of the bank. History * In 1857 local Greek merchants established a Bank of Alexandria to cater to the needs of the Greek merchant community. This bank was liquidated in 1877. * 1864 The English overseas bank, Anglo-Egyptian Bank was founded. * 1924 Anglo Egyptian Bank merged with The Colonial Bank (est. 1836) and the National Bank of South Africa (est. 1891) to form Barclays Bank (Dominion, Colonial and Overseas). Barclays had inherited the ownership of The Colonial Bank when it acquired the London Provincial and South Western Ban ...
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Online Payments
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common form of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa and Mastercard) in accordance with a bank and financial regulation in the countries ...
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Contactless Smart Cards
Contactless may refer to: * Contactless smart card * Proximity card, a contactless integrated circuit device used for security access or payment systems * Contactless payment, systems which use RFID for making secure payments * MasterCard Contactless, MasterCard's EMV-compatible contactless payment feature * Radio-frequency identification, an automatic identification method * Near Field Communication Near-field communication (NFC) is a set of communication protocols that enables communication between two electronic devices over a distance of or less. NFC offers a low-speed connection through a simple setup that can be used for the boots ..., a short-range wireless technology * Contactless fingerprinting is a step beyond wet-ink, but not necessarily "touchless" and refers to processes for data collection, verification and identification {{disambig ...
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Credit Card Issuer Associations
Credit (from Latin verb ''credit'', meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date. The resources provided by the first party can be either property, fulfillment of promises, or performances. In other words, credit is a method of making reciprocity formal, legally enforceable, and extensible to a large group of unrelated people. The resources provided may be financial (e.g. granting a loan), or they may consist of goods or services (e.g. consumer credit). Credit encompasses any form of deferred payment. Credit is extended by a creditor, also known as a lender, to a debtor, also known as a borrower. Etymology The term "credit" was first used in English in the 1520s. The term came "from Middle French crédit (1 ...
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Egyptian Brands
''Egyptian'' describes something of, from, or related to Egypt. Egyptian or Egyptians may refer to: Nations and ethnic groups * Egyptians, a national group in North Africa ** Egyptian culture, a complex and stable culture with thousands of years of recorded history ** Egyptian cuisine, the local culinary traditions of Egypt * Egypt, the modern country in northeastern Africa ** Egyptian Arabic, the language spoken in contemporary Egypt ** A citizen of Egypt; see Demographics of Egypt * Ancient Egypt, a civilization from c. 3200 BC to 343 BC ** Ancient Egyptians, ethnic people of ancient Egypt ** Ancient Egyptian architecture, the architectural structure style ** Ancient Egyptian cuisine, the cuisine of ancient Egypt ** Egyptian language, the oldest known language of Egypt and a branch of the Afroasiatic language family * Copts, the ethnic Egyptian Christian minority ** Coptic language or Coptic Egyptian, the latest stage of the Egyptian language, spoken in Egypt until the 17th cent ...
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Financial Services Companies Established In 2019
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ...
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Telecommunications Companies Of Egypt
Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of transmission may be divided into communication channels for multiplexing, allowing for a single medium to transmit several concurrent communication sessions. Long-distance technologies invented during the 20th and 21st centuries generally use electric power, and include the telegraph, telephone, television, and radio. Early telecommunication networks used metal wires as the medium for transmitting signals. These networks were used for telegraphy and telephony for many decades. In the first decade of the 20th century, a revolution in wireless communication began with breakthroughs including those made in radio communications by Guglielmo Marconi, who won the 1909 Nobel Prize in Physics. Other early pioneers in electrical and electronic tel ...
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E-commerce Payment System
An e-commerce payment system (or an electronic payment system) facilitates the acceptance of electronic payment for offline transfer, also known as a subcomponent of electronic data interchange (EDI), e-commerce payment systems have become increasingly popular due to the widespread use of the internet-based shopping and banking. Credit cards remain the most common form of payment for e-commerce transactions. As of 2008, in North America, almost 90% of online retail transactions were made with this payment type.Turban, E. King, D. McKay, J. Marshall, P. Lee, J & Vielhand, D. (2008). Electronic Commerce 2008: A Managerial Perspective. London: Pearson Education Ltd. p.550 It is difficult for an online retailer to operate without supporting credit and debit cards due to their widespread use. Online merchants must comply with stringent rules stipulated by the credit and debit card issuers (e.g. Visa Inc., Visa and Mastercard) in accordance with a bank regulation, bank and financial reg ...
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Payment Service Provider
A payment service provider (PSP) is a third-party company that allows businesses to accept electronic payments, such as credit card and debit card payments. PSPs act as intermediaries between those who make payments, i.e. consumers, and those who accept them, i.e. retailers. They will often provide merchant services and act as a payment gateway or payment processor for e-commerce and brick and mortar businesses. They may also offer risk management services for card and bank based payments, transaction payment matching, digital wallets, reporting, fund remittance, currency exchange and fraud protection. The PSP will typically provide software to integrate with e-commerce websites or point of sale systems. Operation PSPs establish technical connections with acquiring banks and card networks, enabling merchants to accept different payment methods without the need to partner with a particular bank. They fully manage payment processing and external network relationships, ma ...
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