Status
Operating at scale
If a RTPS exists
Yes
Vision: PSP interoperability
Yes
Name (Payment)
InstaPay + IPIN,Meeza Digital
URL (Payment)
https://www.cbe.org.eg/en/payment-systems-and-services/instant-payment-network
Region
Africa
# of participants
27,24
AML law
Yes
Bank participation in network
YesYes
Centralised fraud management system?
Unknown
Consumer protection law
Yes
Governor
Central bank/ Financial regulator
Non-bank participation in network
NoYes
Notes
Offline transactions
Unknown
Operator
Central bankCentral bank
QR-based transactions
Unknown
Reporting forum/ website/ form
Unknown
Rules: data handling rules for PSPs, users
Yes
Rules: data leak notifications
Yes
Rules: participation conditions
YesUnknown
Rules: recourse mechanism
Unknown
Rules: transaction recall
Unknown
Settlement systems
Unknown,Unknown
Transaction cost
Unknown,Unknown
Transaction types
P2P
G2PP2P
P2M
Value (Year-USD)
2022- 1% of GNI,Unknown
Volume (Year- Volume)
Unknown,?- 255 M