Egypt’s FRA launches first digital payment network for non-banking financial sector - News Summed Up

Egypt’s FRA launches first digital payment network for non-banking financial sector


The Financial Regulatory Authority (FRA) has launched the first integrated digital payment network for the non-banking financial sector as a central platform for the secure and unified digital settlement of financial dues. The network, established through a strategic partnership with e-finance, is designed to facilitate interactions between entities operating in non-banking financial activities and the regulator’s oversight services. He added that the digital network ensures data integrity and transaction accuracy while promoting a competitive economy based on technology and innovation. The digital platform adheres to high cybersecurity and data protection standards, utilizing multi-factor verification mechanisms to ensure secure usage. To maintain service efficiency, the FRA is providing specialised technical support in collaboration with e-finance through a unified contact number.


Source: Daily News Egypt January 05, 2026 15:57 UTC



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