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