News Details

BEB Cooperates with Visa to Enable Egyptians Abroad to Make Transfers Through InstaPay

12/02/2024

Visa, a global company specialized in digital payments, signed a memorandum of understanding with the Egyptian Banks Company for the Advancement of Technology to add new features to the digital payments application "InstaPay", to facilitate the remittances of Egyptians working abroad. The solutions include adding an app service that enables users to make transfers from accounts linked to the Visa card outside Egypt, adding the transfer amount to the accounts of registered customers or transferring to another customer through the instant payment network, as well as simplifying transfers by using a phone number or username directory on the instant payment network. (statement)

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