The Central Bank of Egypt announced amending the maximum daily and monthly transactions and the maximum single transaction on the InstaPay digital application, according to the rules governing instant payment application services. The Central Bank’s decision came due to the increasing number and value of transactions on the National Instant Payment System, which reflects the need to increase the daily and monthly limits for transactions on the application to accommodate all segments of users. The withdrawal limits from InstaPay Egypt application vary between the maximum withdrawal limit for a single transaction, which reaches LE 70,000, and the maximum transaction limit per day, which reache
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