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Instant Payment Network

From Wikipedia, the free encyclopedia
Instant Payment Network (IPN)
Product typeInstant inter-bank payment system
OwnerCentral Bank of Egypt
CountryEgypt
Introduced22 March 2022; 3 years ago (2022-03-22)

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

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  1. ^ "Instant Payment Network (IPN)".
  2. ^ www.cibeg.com https://www.cibeg.com/en/personal/ways-to-bank/the-instant-payment-network-ipn. Retrieved 2025-06-23. {{cite web}}: Missing or empty |title= (help)
  3. ^ "Egypt central bank approves instant payment regulations". Reuters. 2021-11-08. Retrieved 2025-06-23.