EBC is the advanced payments network and domestic operator connecting consumers, businesses, merchants, financial institutions and supporting the Egyptian government. EBC collaborates with all stakeholders to offer a seamless interoperable payment experience.
EBC supports financial inclusion initiatives to provide more individuals and businesses domestically with an access to useful and affordable financial services and payment possibilities. With continued support of its shareholders, led by the CBE and leading Egyptian banks, EBC leverages every potential to accelerate adoption of electronic payment and enable the national transformation into a cashless society.
What We Do:
123 Shared Cash Network is a state-of-the-art secured infrastructure connecting all ATMs and cash points across Egypt. The network accepts all types of cards including credit, prepaid, governmental and private sector payroll and pension.
an electronic funds transfer system governed by the Egyptian Banks Company (EBC) under the supervision of the Central Bank of Egypt (CBE). The national system enables automation of bank transfers via a national secured platform.
Meeza is the domestic card scheme and the favorite payment method for government bills, in-store purchases and e-commerce. More than 31.4 million cardholders in Egypt enjoy a seamless and convenient payment experience using “Meeza” cards.
The App enables instant interbank transfers 24/7, transfers to bank accounts, digital wallets, and any Meeza card. InstaPay is the first operating application via Instant Payment Network that is expected to include all banks operating in Egypt by mid-2022.
To know more about EBC, visit our website at www.egyptianbanks.com