Enhancements are underway for Egypt’s instant payment network, “InstaPay,” to introduce a range of convenient new services, according to a statement issued by the Central Bank of Egypt on Thursday. These include: Cardless ATM withdrawals: Users will be able to withdraw cash from ATMs without the need for a physical card,using their mobile phones or wearable devices instead. Electronic point-of-sale (POS) payments: InstaPay will be integrated with electronic POS terminals, enabling seamless and secure payments at merchants. Mobile app payments: Customers will be able to make payments directly through their mobile apps, eliminating the need for cash or traditional payment methods. Thes
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