#Cairo

The Instant Payment Network (IPN) announced on Tuesday, 25 March, that it will introduce new transaction fees for services provided through its InstaPay app, starting 1 April. InstaPay is an application that allows direct access to all your bank accounts and transfers instantly using your mobile devices. Under the new structure, InstaPay will charge a fee of 0.1 percent of the transfer amount for each transaction. However, the fee will never be less than 50 piastres (EGP 0.50) and will…