Instant Payment Network of Egypt to Launch a New Service from 1st April

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Users will also be entitled to 10 free balance inquiries or mini statements per month. A fee of 50 piasters will apply for each additional inquiry.

The Instant Payment Network has announced the rollout of a new fee structure for its services, including those offered through its mobile application, InstaPay, effective April 1, 2025. This move comes as part of the network’s ongoing commitment to delivering innovative and efficient digital financial services that meet users’ evolving needs while also ensuring long-term service sustainability.

Under the updated structure, InstaPay transfer fees will be set at 0.1 percent of the transaction value, with a minimum fee of 50 piasters and a maximum cap of EGP 20 per transaction.

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Users will also be entitled to 10 free balance inquiries or mini statements per month. A fee of 50 piasters will apply for each additional inquiry.

The update follows significant growth in InstaPay’s user base and service reach since its launch in April 2022, during which all transfer and inquiry services were offered free of charge.