The Central Bank of Egypt revealed, today, Instant Payment Network statistics IPN in 1 year.

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CBE: 20.3 million transactions through IPN with EGP112.7 bn

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The Central Bank of Egypt revealed, today, Instant Payment Network statistics (IPN) in 1 year.

Registered customers recorded 2.16 mn, Transaction volume recorded 20.3 mn, while transaction value recorded EGP112.7bn.

Transaction time volume; 70% after official working hours, 30% during official working hours .

Moreover, IPN services include: Money Transfers, Check Balance, Mini Statements, Donation Services.

It should be noted that IPN transactions are free until the end of 2023.