Egypt Mobile Payments Market to Reach USD 211.79 Billion by 2031, Driven by Real-Time Payments, QR Adoption, and Wallet Expansion

Egypt Mobile Payments Market Overview 

The Egypt mobile payments market share is expanding as digital wallets, real-time payment rails, and low-cost merchant acceptance reshape how transactions are made across the country. According to Mordor Intelligence, the Egypt mobile payment market size was valued at USD 84.93 billion in 2025 and is estimated to grow from USD 98.9 billion in 2026 to USD 211.79 billion by 2031, reflecting strong Egypt Mobile Payments Market growth at a CAGR of 16.45% during the forecast period. 

Key Trends in the Egypt Mobile Payments Market 

Explore Egypt mobile payments market trends for insights into real-time payments, QR adoption, and wallet expansion. 

Real-Time Payments Expansion 

Instant payment platforms such as InstaPay are seeing rapid adoption, enabling faster peer-to-peer transfers and supporting growing domestic and cross-border remittance flows. 

Rise of QR-Based Merchant Payments 

Merchants are increasingly adopting QR-code payments due to low setup costs and ease of integration, especially across small retailers and informal businesses. 

Growth of Mobile Wallet Usage 

Mobile wallets are becoming a preferred payment method for retail, e-commerce, transportation, and bill payments, driven by convenience and wider acceptance. 

Acceleration of Contactless and NFC Payments 

The entry of global players like Apple Pay and the expected rollout of Google Wallet are boosting NFC-based contactless transactions across urban centers. 

Check out more details and stay updated with the latest industry developments, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/egypt-mobile-payment-market?utm_source=Industrytoday.co.uk 

Egypt Mobile Payments Industry Segmentation 

• By Payment Type: Proximity payments and remote payments 
• By Technology: NFC, QR-code, USSD/STK, SMS/OTP, and mobile web 
• By End-User Industry: Retail and e-commerce, transportation and mobility, utilities and telecom, government and public services, healthcare and insurance 
• By Transaction Mode: Peer-to-peer (P2P), consumer-to-business (C2B), business-to-consumer (B2C), and business-to-business (B2B) 

Key Players 

• PayPal Holdings Inc. 
• Samsung Corporation 
• Apple Inc. 
• Google LLC (Alphabet Inc.) 
• Amazon.com Inc. 

These players collectively influence the Egypt Mobile Payments Market share through platform expansion, partnerships, and technology-led innovation.

Explore more insights on the competitive landscape here: https://www.mordorintelligence.com/industry-reports/egypt-mobile-payment-market/companies?utm_source=Industrytoday.co.uk 

Dominating Country Analysis 

Egypt dominates its mobile payments ecosystem due to strong regulatory backing, high remittance inflows, and a large unbanked-to-underbanked population transitioning to digital finance. Cairo and Alexandria lead adoption, supported by dense merchant networks and reliable mobile connectivity. Government-backed initiatives such as Meeza cards and InstaPay have played a key role in formalizing the Egypt Mobile Payments industry and normalizing wallet usage and instant transfers. 

Conclusion 

The market outlook remains positive as digital wallets, instant transfers, and QR-based acceptance become part of everyday transactions. Consumers are increasingly comfortable using mobile payments for shopping, transport, and peer-to-peer transfers, while merchants continue to adopt cost-efficient digital acceptance models. This momentum supports a favorable Egypt mobile payments market forecast over the coming years. 

Explore related reports from Mordor Intelligence 

Egypt E-Commerce Market - https://www.mordorintelligence.com/industry-reports/egypt-ecommerce-market?utm_source=Industrytoday.co.uk  

Mobile Commerce Market - https://www.mordorintelligence.com/industry-reports/m-commerce-market?utm_source=Industrytoday.co.uk  

Middle East and Africa Payments Market - https://www.mordorintelligence.com/industry-reports/middle-east-and-africa-payments-market?utm_source=Industrytoday.co.uk  

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