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// Workers AI · dad joke modeWhy did Instant Payment Network go to therapy? It had a lot of "transfers" to work through.

From Wikipedia, the free encyclopedia
Instant Payment Network (IPN)
Product typeInstant inter-bank payment system
OwnerCentral Bank of Egypt
CountryEgypt
Introduced22 March 2022; 4 years ago (2022-03-22)

Instant Payment Network (IPN) is an Egyptian real-time payment system that was officially launched in March 2022 by the Central Bank of Egypt to facilitate instant and seamless financial transactions.[1][2][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

[edit]
  1. "Instant Payment Network (IPN)".
  2. "The Instant Payment Network (IPN) - The revolutionary new payment network". www.cibeg.com. CIB. Retrieved August 15, 2022.
  3. "Egypt central bank approves instant payment regulations". Reuters. 2021-11-08. Retrieved 2025-06-23.