Fawry and Classera to promote digital payments for the educational sector

By Leandra Monteiro

Fawry, a FinTech and banking services company, signed a strategic partnership with Classera, a leader in teaching and distance learning technology, to enhance e-payment services and integrate the digital payment solutions of Fawry and Classera Cpay.

In accordance with this partnership, Fawry provides all technology solutions and integrated digital payments services to Classera customers, through channels represented by more than 300,000 Fawry POS machines, myfawry app and FawryPlus branches located in all governorates, to facilitate the payment of tuition fees for students, and automation of payment systems to reduce cash financial transactions.

Hossam Ezz, Fawry, Chief Commercial Officer said, “At Fawry, we are always seeking partnerships with major leading institutions in various fields, and Classera is one of these institutions”.

He added, “we will work together to integrate our services to enhance digital payments solutions in the field of educational technology. During this partnership, we will provide students with the latest integrated financial technology through our channels, to facilitate the payment of fees”. He also described this step as a great addition to ‘Fawry’, and the beginning of expansion in this sector.”

Eng. Mohammed Al-Madani, CEO of Classera said, “As we just completed one of the largest funding rounds a company with no prior funding had done in the EdTech industry, we are taking the E-learning experience to new levels with our Learning Super Platform LSP; which builds on our state of the art learning management system with many other supporting tools including EduMalls, the education eCommerce portal, C Smarter ERP, CPay education online payment gateway and many others. Today we are delighted to expand our partnership with Fawry, a leader in digital transformation & cashless community, and electronic payments in Egypt to digitize the learning experience and expand electronic payment acceptance to provide the next generation of seamless e-learning solution.”