As Part of its Digital Transformation Strategy… aiBANK Joins InstaPay

aiBANK, Egypt’s leading integrated retail, corporate, and Islamic banking solutions provider, has joined InstaPay, the pioneering instant payment network app.

This partnership will allow aiBANK customers to transfer money instantly between bank accounts, transfer to bank cards, and digital wallets using their mobile phones, according to the “Zawya” website.

InstaPay App is the first mobile application licensed by the Central Bank of Egypt (CBE) as a payment service provider via IPN. It allows individuals to make instant and secure electronic transfers using their mobile phones as part of Egypt’s financial inclusion and digital intermediation strategy.