Instant Payment Network
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Product type | Instant inter-bank payment system |
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Owner | Central Bank of Egypt |
Country | Egypt |
Introduced | 22 March 2022 |
Instant Payment Network (IPN) in Egypt is a real-time payments infrastructure was officially launched in March 2022 by Central Bank of Egypt'[1] [2]to facilitate instant and seamless financial transactions [3]. It enables individuals and businesses to send and receive money instantly, 24/7, across different banks and financial institutions.
It is closely linked to InstaPay, a digital payment application that acts as a gateway for users to access IPN services, enabling real-time fund transfers and improving financial inclusion in the country.
References
[edit]- ^ "Instant Payment Network (IPN)".
- ^ www.cibeg.com https://www.cibeg.com/en/personal/ways-to-bank/the-instant-payment-network-ipn. Retrieved 2025-06-23.
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(help) - ^ "Egypt central bank approves instant payment regulations". Reuters. 2021-11-08. Retrieved 2025-06-23.