What is a Prepaid Card? 3 info

It’s the easiest payment card to issue, all you need to do is go to a bank with your ID and they will issue you one. You don’t need a bank account and can simply use it to pay for items and put money in it through the ATM network.

What Are the main features/things to know:

1. Issuance fees are minimal and are capped at LE 25
2. You can use it anywhere there's a POS machine or even online, much like a debit or credit card
3. There's a maximum daily spending limit that changes per bank, so make sure to check before you apply.

The main benefits are :

1. It's very safe: no need to walk around with a lot of cash
2. You can control your spending by putting an amount of cash in it that you’re allowed to spend
3. You can get a card as long as you turned 18 and use it online

Meeza is the most famous kind of the Prepaid cards in Egypt

There are different types of prepaid cards:

• Meeza
• The Post’s Prepaid Card
• AAIB Prepaid Card
• Credit Agricole Prepaid Card
• NBE Prepaid Card

And you can know the difference between cards from here, What’s the difference between Visa, Master Card, and Meeza?