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Instant Payment Network
From Wikipedia, the free encyclopedia
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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.
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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.
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