e& Egypt Launches Instant Cross-Border Transfers with e& Cash Wallet

Editorial Team

Last updated 11-04-2025

2 min

e& Egypt launches a new service for instant cross-border money transfers via e& Cash app.

Initially connecting Egypt with Saudi Arabia and UAE, expansion to more countries is expected soon.

The service eliminates the traditional hassles of money transfers, offering immediate mobile cash access.

Egypt's fintech landscape is rapidly growing, with mobile wallets rising and fintech startups booming.

This reflects Egypt's quick adaptation to global trends for secure and easy financial access.

Egyptian mobile giant e& Egypt has just rolled out a convenient new service that'll let people instantly send and receive money across borders, all via their e& Cash mobile wallet app. It's good news if you've friends or family in Saudi Arabia or the UAE, because those are the first two countries linked up with Egypt on this new digital network, with more countries expected to follow soon.

It's always been a bit of a faff, hasn't it? Waiting in long queues at money transfer branches, navigating confusing agent procedures, and enduring delays. Now, thanks to this digital innovation, Egyptians can receive cash immediately on their mobiles, skipping all the hassle.

It definitely feels like part of a wider tech trend happening in Egypt. In recent years, the country has fully embraced fintech, swapping traditional banking queues for handy mobile solutions. To give you a quick picture: since 2016, the number of Egyptians holding mobile wallets, prepaid cards, or bank accounts has soared by more than 200 percent, passing the 52-million mark this year alone, according to the Central Bank of Egypt.

Egypt's fintech scene is absolutely buzzing as well—there were reportedly around 177 fintech startups and payment providers operating here back in 2022. And Statista reckon the country's digital payment industry will likely be worth over $31 billion by 2025. Egypt’s fintech ambitions aren't isolated either; similar instant payment systems have been launched recently in countries like South Sudan and Somalia, showing that the continent as a whole is joining the digital finance revolution.

Honestly, it's about time money transfers caught up with the smartphone age. From small businesses paying suppliers abroad to families sending financial support back home, such seamless transfers have long been overdue for Egyptians.

At the end of the day, services like the new e& Cash wallet reflect how quickly Egypt is adapting to global trends, giving everyday folks easy, secure, and instant access to their funds, wherever they happen to be. It certainly feels as comforting as a warm bowl of freshly made koshari—dependable, straightforward, and exactly what's needed.

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