Latest in Tag: Fawry Highlight
Latest in Tag: Fawry
Fawry changing the culture of payment in Egypt: Top management
Daily transaction rate has gone up from 1,000 per day by the end of 2009 to over 1m, says CPIO
AAIB expands ATM service in Egypt
Expansion brings bankās total number of ATMs to 286 across the country
Fawry announces launch of traffic fine payment service
Egyptās EBPP leader provides convenience and efficiency to vehicle owners
Electronic payments benefit people excluded from formal financial services: MasterCard Country Manager
In an exclusive interview with the Daily News Egypt, Magdy Hassan, Country Manager of MasterCard Egypt, highlighted the programmes and services the credit card provider offers. He also highlighted the āRoad to Inclusion Reportā adopted by MasterCard.
CEO of Fawry in dialogue with Daily News Egypt:
Value of financial transactions made through Fawry’s service $571m; 40 thousand outlets across the country for e-payment; one million transactions made daily through the company’s services; plans to expand to Arab Gulf countries in the coming period.
Fawry seeks to provide its technology to markets in the UAE and Gulf region
Fawry plans to begin regional expansion in the United Arab Emirates before moving on to other markets in Gulf Arab states
Cairo launches electronic payment service for car licences
This service will allow citizens to obtain their car license directly from traffic units skipping several procedures except the technical examination process
Alternative payment methods generated for electricity bills
North Cairo Electricity Distribution Company and National Bank of Egypt sign agreement to receive payments online
Fawry receives MasterCard āBest acceptance initiativeā award for MENA
MasterCard praises Fawry for āproducing a non-traditional payment solution tailored to the marketā
IFC to invest $6m in ‘Fawry’
The investment in ‘Fawry’ the electronic payment provider, will be used to extend the network of payment terminals across the country