Fawry & Contact Partner to Expand Digital Payment Solutions in Egypt
Alongside BNPL, the partnership will also facilitate bill payments, electronic transactions, and other financial services.
Fawry, one of Egypt’s leading fintech companies, has partnered with Contact Financial Holding, a major non-banking financial services provider, to integrate Buy Now, Pay Later (BNPL) services into Fawry’s extensive payment network of over 370,000 POS devices and online platforms.
This collaboration will allow Contact’s customers to access Fawry’s digital payment solutions, enabling installment payments and financing options. Alongside BNPL, the partnership will also facilitate bill payments, electronic transactions, and other financial services, enhancing customer convenience and accessibility.
By integrating BNPL into its ecosystem, Fawry aims to broaden financial inclusion, making flexible payment options more accessible across diverse sectors. The partnership also seeks to expand the reach of digital transactions in Egypt, helping businesses and consumers transition away from cash-based payments.
The initiative aligns with Egypt’s digital transformation strategy, promoting cashless transactions and strengthening the country’s financial infrastructure through a secure and efficient e-payment network.
