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Orange Egypt and Fawry partner to enhance digital payment services

By Edlyn Cardoza

February 08, 2023

  • Central Bank of Egypt
  • Digital Finance Solutions
  • Digital Payment Solutions
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Orange Egypt, Fawry, e-payments, Digital Finance Solutions, Digital Payment Solutions, Orange Cash Wallet, Money Management Solution, Orange Cash, Merchant Payments, Central Bank of Egypt, FinTech, Digital Transformation, Financial Inclusion, Regulatory, EgyptOrange Egypt has signed a partnership agreement with Fawry, one of the leading providers of e-payments and digital finance solutions in Egypt, to enhance digital payment services and expand the features of the Orange Cash wallet.

“Today’s partnership with Fawry reaffirms the company’s strategy and commitment to accelerate financial inclusion and help turn the economy into a cashless one while ensuring that all payment needs of Egyptians are met through a comprehensive platform in cooperation with prominent local partner in this sector,” said Yasser Shaker, CEO at Orange Egypt. “Following our recent partnership with the National Bank of Egypt, this new partnership with Fawry combined with Orange’s worldwide expertise in mobile money and digital banking makes Orange Cash the strongest mobile wallet solution of Egypt with the strongest partners of the sector.”

The collaboration strengthens Orange Cash’s position as Egypt’s leading digital payment service, providing customers with a comprehensive money management solution answering their needs with a reliable, secured, and fully compliant platform relying on the highest international technologies and security standards.

Money transfer, electricity, water, and gas bills, insurance premiums, union payments, clubs, schools, and universities, donations, ticket purchases, traffic fines, online purchases, real estate instalments, bank loan settlements and merchant payments are just a few of the many services offered by Orange Cash.

Fawry is constantly looking to form lasting strategic alliances with important companies and institutions that provide e-payment services through their smart wallets, as Fawry owns the most developed systems for creating and managing e-wallets and the most advanced and secure FinTech tools to support the Central Bank of Egypt’s initiatives and keep up with the digital transformation to achieve a cashless society.

“In response to the state’s tendency to increasingly rely on e-payment solutions in financial transactions, which has become absolutely necessary in recent years to keep up with digital transformation, Fawry has made significant investments, allowing it to serve as the strategic partner for digital transformation services as well as the development and management of mobile wallet platforms,” said Eng. Ashraf Sabry, CEO of Fawry. “We are pleased that all of the services and solutions offered by Fawry were created by Egyptians.”

This partnership fortifies Orange Cash’s role in serving customers by expanding the provision of new services and products while adhering to all regulations and regulatory requirements set by the Central Bank of Egypt.

“Orange Cash provides now its customers with unprecedented digital payment capabilities in the field of e-wallets in Egypt, in a way that allows its customers to benefit from the latest global trends in this sector in a faster, safer, and more efficient way,” Shaker added.

“In order to give customers a unique, secure, and efficient experience, our partnership with Orange will greatly accelerate the development of e-payment solutions in Egypt through the widespread use of digital solutions,” Sabry added.

Sabry emphasised Fawry’s commitment to fostering an e- payment culture throughout Egyptian society by utilising a variety of electronic payment channels and methods for all transactions and day-to-day services. This came in line with Egypt’s Vision 2030, which aims to expand the financial sector, support and improve digital operations, and draw in new customer demographics to promote financial inclusion.

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