Arab Finance: The InstaPay app is set to apply transfer fees as of April 1st, the Instant Payment Network (IPN) announced in a statement.
IPN settled transfer fees via InstaPay at 0.1% of the transaction value, with a minimum charge of EGP 0.50 and a maximum of EGP 20 per transaction.
Meanwhile, the app will allow up to 10 free balance inquiries or mini statements monthly, with a fee of EGP 0.50 on additional inquiries.