Fawry, the leading nationwide Electronic Bill Presentment and Payment (EBPP) platform in
Fawry is a bi-lingual Arabic-English platform that provides a convenient and secure one-stop electronic bill payment services to the public, connecting consumers, merchants, governments and financial institutions on a consolidated gateway for the straight-through processing of electronic bill (e-bill) presentment and payment through multiple payment channels, including online payments, mobile wallet and Point of Sale (POS) machines that are available 24/7. The payment is reflected on the biller system immediately in real-time, i.e. at the same moment that the payment is transacted and finalised.
Fawry allows consumers from across the socio-economic strata in more than 300 cities and suburbs across
Offering a scalable infrastructure for Service Oriented Architecture (SOA), Fawry is able to simplify and accelerate the development and deployment of new e-billing services by governments, financial institutions and commercial organisations. Currently, more than one million transactions are processed daily via Fawry, offering businesses and governments alike cost-efficient integration with the platform for real-time settlement of transactions and live access to billers' accounts. The platform operates with strict and robust security in place and in full compliance with ISO 27001 and PA DSS standards.
"The main driver of Fawry's growth is reach: first, we set out to cater to all customer segments, whether banked or un-banked and, second, we went on to acquire a large number of billers and banks. This way we ensured that a wide segment of the Egyptian population is using and benefiting from Fawry," explained
The network processes more than one million daily transactions, worth
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