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Electronic wallet transactions reach 2.96T pounds in six months
Here is the summary of the article regarding the technology of executing transactions via electronic wallets during the first half of 2026: Egypt has experienced a significant increase in the use of electronic wallets, reaching 57.01 million wallets. The total value of financial transactions through these wallets is estimated at 2.96 trillion Egyptian pounds, with 2.22 billion transactions carried out in the first half of 2026—representing a 23% increase compared to the same period in 2025. Vodafone Cash is the leading provider in the market, holding 53% of wallets, 69% of financial transactions, and 77% of the total value, with the service widely spread across all governorates, especially in Cairo and Giza. Data also indicates that inter-governorate transfers account for 54% of transactions, deposit operations make up 78% of deposits, and withdrawal transactions constitute 75% of cash-out operations. The majority of wallet users are male (67%), primarily in the age group of 26 to 45 years old.
Notice: This Is an AI-Generated Summary
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