InstaPay is currently one of the applications that is on every Egyptian’s phone, and almost all financial transactions are now through the application.. But what is new is that the application has made an update, during which you will forget about transferring money by mistake. I wonder what this update is and how can I recover the money if I transferred it by mistake? .. Stay with us until the end and you will know the details
Recently, the Central Bank has made many updates in digital technologies to make it easier for citizens to transfer and receive money. In fact, the InstaPay application has become one of the most popular applications on every Egyptian’s phone, and most Egyptians continue to conduct their transactions through it, whether we send, receive, or know the balance. These are all things that, in times before, required essential trips to the bank in order to know them.
So, what is the story of the latest update on Instagram, and how will there be no transfer of money by mistake?
In the past two days, the “InstaPay” application made an update regarding transfers between different bank accounts. This is with the aim of ensuring that incorrect transfers do not occur if the citizen wrote the payment address incorrectly.
The new update made by the application, through which the customer to whom money will be transferred will be able to participate and send a QRcode or payment link to the party to whom the money will be transferred. This application aims to eliminate the possibility of an error in bank transfers, and it is also possible to transfer money by writing an address. Pay manually.
The main goal of the latest update is to eliminate common errors in money transfer operations, ensuring that 100% correct data is entered, and will enable customers to complete transfer operations with the highest quality, ease, and safety.
Ok, how can the citizen benefit from the new update to the application?
Any customer can benefit from the new feature in the application by creating a payment link and sharing it with the person who will transfer money to him, and then he will click on the link. The InstaPay application will automatically open the transfer page for him and the customer can fill in the required data such as the payment address, and the money sender will be required to enter The amount and password are required only to transfer money successfully and without any error.
Ok, how much do the cash withdrawal limits from the InstaPay app reach?
The Central Bank announced that it has raised the maximum withdrawal limit through the InstaPay application, and the maximum withdrawal per transaction reaches 70 thousand pounds, the maximum daily withdrawal is 120 thousand pounds, and the maximum monthly withdrawal does not exceed 400 thousand pounds.
