With National Identity Card .. Restrictions and Steps for Opening Electronic Wallet

02:32 pm

Saturday 27 March 2021

Books – Ala Hajjaj:

E-wallets through mobile phones are one of the electronic payment methods through which you can receive and transfer money, as well as bill payment for many government services such as electricity, gas and water bills.

Four telecommunications companies allow their customers to open an electronic wallet according to specific terms and conditions.

Masravi explains the rules governing the use of an electronic wallet with a mobile phone and the steps and steps to open an electronic wallet for your mobile line for four telecom companies, Vodafone-Orange-Etisalat-V National Telecommunications Regulatory Authority, namely:

Each customer has the right to open 3 electronic wallets (maximum) on his National Identity Card.

Only one e-wallet can be opened in the mobile phone queue.

This service is only available to Egyptians with valid national identity cards.

Transfers are made only in local currency (Egyptian pound) within the Arab Republic of Egypt.

The daily limit for withdrawals, transfers and any deductions from the electronic wallet for natural persons is ஆயிரம் 30,000, and the daily maximum for withdrawals and transfers and any deductions from the electronic wallet for legal persons is ஆயிரம் 40,000.

The monthly limit for withdrawals, transfers and any deductions from the electronic wallet of natural persons is ஆயிரம் 100 thousand.

The monthly limit for withdrawals, transfers and any deductions from the legal person’s electronic wallet is ஆயிரம் 200,000.

Customers can transfer money between different e-wallets, which is not required as a customer of the same mobile enterprise bank.

The customer has to make money and deposit from his own wallet.

No transaction can be completed without entering the customer’s password.

Password must be at least six digits “minimum” and eight digits preferred.

Easy numbers should not be allowed as PINs such as 111111 or 123456. You must enter a password to open the e-wallet application.

Passwords must be complex (example: consisting of eight characters and letters, numbers, special characters, etc.).

Steps to open an electronic wallet

1- Go to the nearest branch of your mobile company, with a valid national number card and a mobile phone link registered in your name.

2- Completes and signs an application to register customer service.

3- The customer receives a text message with a service activation code and a link to his mobile company’s service application.

4- Creates a secret number for customer use.

5- After that, the customer has an electronic wallet and he can recharge or use the balance in various payment services.

Services that can be paid through e-wallets include collection of mobile phone balances, payment of telecommunication, electricity, gas and water bills, transferring and depositing money to individuals through mobile phone wallets.