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Industry Overview & Trends - The rise of "InstaPay" reflects a shift in Egypt towards digital payments, driven by convenience [1] - Fintech sector in Egypt is rapidly growing, with over 40 companies established in the last two years, some valued at $40-50 million [2] - There's a significant opportunity for individuals to enter the Fintech field, considering both technological and business aspects [2] Payment Ecosystem in Egypt - Egypt has five major payment networks processing over 8 billion EGP daily [1] - 125 million users in InstaPay, indicating substantial growth and adoption of digital payment solutions [2] - InstaPay facilitates over 120 million transactions, totaling over 120 billion EGP annually [2] Key Payment Systems & Infrastructure - 123 Network connects all ATMs in Egypt, enabling seamless cash withdrawals across different banks since 1998 [1] - ACH (Automated Clearing House) processes 8 trillion EGP annually, facilitating various payments like salaries and government transactions [1] - Miza Digital connects over 28 mobile wallets, enabling instant transfers between different wallet providers [1] National Payment Card - Meeza - Meeza card was introduced to establish a domestic payment solution, ensuring national security and data protection [1] - Over 30 million Meeza cards have been issued, processing over 120 million transactions monthly [1] - Meeza is used for national projects like employee salaries, pensions, and social welfare programs [1]