On December 28, The Central Bank of Egypt (CBE) announced its new decision to continue offering free transactions through the InstaPay application and to revoke the fee imposition that was …
Instapay
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The Central Bank’s Deputy Governor, Ayman Hussein, disclosed that in just a year and a half, the InstaPay app was able to garner 6.2 million users. During the 27th International …
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Highlights
Deputy Governor: CBE Targets Transforming Egypt into Regional Hub for Financial Inclusion
During Seamless North Africa 2023, yesterday, the Deputy Governor of the Central Bank of Egypt (CBE), Rami Aboulnaga, affirmed that the bank’s strategy aims to transform Egypt into a regional …
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InstaPay, Egypt’s first and leading Payment Service Provider (PSP), plans to start charging transaction fees in early 2024. The software, which will be available in May 2022, will allow users …
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The Central Bank of Egypt (CBE) released regulations pertaining to payment card tokenization on electronic device applications on 8 March, according to the “Egyptian Streets” website. Once approved and implemented, …
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The Central Bank of Egypt (CBE) decided to increase the limit for each transaction on Instapay to EGP 70k, from EGP 50k previously, according to a recently published circular. The …
