Transactions made through mobile wallets in Egypt have experienced significant growth in 2025, reaching around 4,000 billion Egyptian pounds (nearly 80 billion USD), according to data published by the Central Bank of Egypt. This progress illustrates the acceleration of the transition towards an increasingly digital economy.
By the end of 2025, the total number of registered e-wallets stood at nearly 60 million, compared to only 15.2 million in 2019, representing a fourfold increase in just a few years. This momentum is driven by the growth of electronic payment services and an increasing adoption of digital solutions by consumers.
Young people are the main driver of this growth: the 15-35 age group represents around 19 million users, compared to 17 million for older age groups.
As for traditional payment methods, prepaid cards still dominate the market, accounting for 50.5% of the total cards in circulation.
To recap, in the second quarter of 2025, the number of transactions made through e-wallets reached 717.7 million, compared to 397.7 million a year earlier, representing an 80% increase. The total value of these transactions had increased by 72%, reaching 943 billion Egyptian pounds (approximately 18.9 billion USD), compared to 548.6 billion Egyptian pounds (approximately 11.0 billion USD) a year ago, indicating a rapid transition to cashless payments.
This rapid progress confirms the success of digital transformation initiatives in Egypt and the ongoing growth of cashless payments.
