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2026-09-04T03:42:19.000Z

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Expert warns of new InstaPay scam after central bank statement

Expert warns of new InstaPay scam after central bank statement

The Central Bank of Egypt has issued a warning about a new fraudulent scheme targeting users of the "InstaPay" application. Scammers are contacting customers and claiming to be officials from the app, sending fake links with the intent of stealing their data and funds. Victims are sometimes asked to transfer money or click on links that contain malicious software, which puts their bank accounts at risk and allows fraudsters to access personal information. The bank emphasized the importance of not responding to these requests, protecting data by not sharing passwords, deleting suspicious links, and immediately reporting any attempted scams. These measures are crucial to safeguarding users from theft of their money and accounts.

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