InstaPay transactions were EGP 112.7 billion, according to CBE, in one year.

The Central Bank of Egypt (CBE) has announced that transactions worth EGP 112.7 billion were conducted via its InstaPay app over a year. 2.16 million registered users carried out 20.3 million transactions, of which 70% were made outside official working hours and 30% during official hours. InstaPay is the first payment service provider mobile application licensed by the CBE via the National Instant Payment Network.