- The platform provides a unified gateway for regulated entities to settle fees for all Authority services.
Dr. Mohamed Farid:
- The digital network integrates Smart Regulation into the state’s digital transformation framework.
- Key benefits include faster transactions and greater transparency and discipline across the sector.
- Highest cybersecurity ensures robust data protection and secure financial transactions.
Aligning with Egypt’s national digital transformation strategy, Financial Regulatory Authority (FRA) has launched a digital payment network for the Non-Banking Financial Sector (NBFS). This first-of-its-kind integrated platform provides a secure, unified gateway for the digital settlement of all financial obligations.
In collaboration with e-finance, FRA has launched this network to unify the digital experience for all NBFS stakeholders. Beyond mere automation, the platform is a catalyst for institutional excellence – optimizing workflows, reducing administrative overhead, and ensuring the highest standards of regulatory governance and transparency.
Dr. Mohammed Farid, FRA Chairman stated that the launch aligns with Egypt’s national mandate for comprehensive digital transformation – a strategic pillar for driving economic growth, optimizing market efficiency, and elevating the investment climate. This initiative reflects the vision of the political leadership, headed by President Abdel Fattah El-Sisi, to foster a competitive economy powered by technology and innovation.
FRA Chairman added that the network is a practical application of the “Smart Regulation” concept. Registered entities can now complete online registration, access real-time financial claims, and settle them via secure electronic payment methods. Furthermore, they can track transaction logs and executed operations, thereby enhancing workflow efficiency and market governance.
Dr. Farid emphasized that FRA prioritizes data protection and transactional stability, stating: “The digital network bolsters data integrity and transaction accuracy, providing a stable and reliable digital environment that fosters investor confidence and strengthens the efficiency of non-banking financial markets”.
FRA Chairman noted that this launch is a pivotal step in FRA’s strategy to transition into a digital regulator. The Authority believes in the “democratization of investment and finance” and smart regulation to support national efforts in building a sustainable digital economy, increasing market competitiveness, and achieving growth based on institutional discipline.
The network enables regulated entities to register electronically, create authorized user accounts, and access various FRA services. Users can view outstanding financial claims, pay dues electronically using approved banking channels, and monitor financial histories through a dedicated transaction log.
The platform adheres to the highest standards of cybersecurity and data protection, utilizing multi-factor authentication to ensure transaction safety and data accuracy. This provides a secure and seamless user experience for all stakeholders.
To ensure continuous service efficiency, FRA provides specialized technical support in cooperation with e-finance. Regulated entities may access support through the unified hotline (19659). The platform will undergo a one-month pilot phase commencing January 1, 2026.
FRA reaffirms that this digital payment network represents a qualitative shift in the technological infrastructure of regulatory services. It reflects the Authority’s commitment to adopting modern digital solutions that support the competitiveness of NBFS markets and keep pace with the state’s vision for an integrated digital economy.
To access the platform, please visit: https://dn.fra.gov.eg/
Tags: Financial Regulatory Authority (FRA), Dr. Mohammed Farid, Non-Banking Financial Sector (NBFS), Digital Transformation, Digital Payment Network, Financial Obligations, Payment, Settlement, Smart Regulation Last modified: January 6, 2026