Fawry, a prominent player in banking technology and electronic payments, has announced a significant collaboration with Roboost, a leader in the development of delivery and logistics management systems. The Memorandum of Understanding (MOU) signed between the two entities aims to streamline payroll processes for home delivery couriers, thereby advancing digital transformation efforts and fostering financial inclusion within the delivery sector.
The MOU signing ceremony, attended by Mr. Hossam Ezz, CEO of the Commercial Sector at Fawry, and Mr. Mohamed Gessraha, CEO and Co-Founder of Roboost, marks a strategic initiative to automate payroll systems for delivery personnel. Under this partnership, Fawry will issue myfawry yellowcards to delivery employees, facilitating convenient salary withdrawals and granting couriers greater financial autonomy. Leveraging Roboost’s sophisticated solutions managing payroll data for over 20,000 employees, the collaboration ensures equitable compensation based on specific criteria, streamlining administrative processes and reducing reliance on manual accounting procedures.
Furthermore, the collaboration is set to yield significant benefits, including substantial time savings for accounting teams through automated payroll calculations. By optimizing payment and benefits systems for couriers, the initiative aims to enhance operational efficiency within the delivery industry. Fawry’s commitment extends to providing comprehensive medical insurance services for delivery employees, underscoring the company’s dedication to prioritizing workforce well-being and retention.
The partnership between Fawry and Roboost heralds an innovative approach to enhancing the courier experience and operational efficiency in the delivery industry. Notably, the collaboration is expected to contribute to an unparalleled delivery experience for end-users while improving retention rates among delivery personnel. With a shared focus on innovation and customer satisfaction, the partnership is poised to redefine payroll management for home delivery couriers.
Mr. Sherif Aboshady, SMEs Director at Fawry, expressed enthusiasm about the partnership, stating, “We are pleased to collaborate with Roboost and are committed to driving comprehensive changes in delivery operations management systems.” He emphasized Fawry’s ambition to extend its advanced financial technology solutions across various sectors, aligning with Egypt’s Vision 2030 and the nation’s digital transformation objectives.
Echoing this sentiment, Mr. Mohamed Gessraha, CEO and Co-Founder of Roboost, highlighted the significance of partnering with Fawry, Egypt’s premier financial technology service provider. He emphasized the partnership’s role in automating home delivery operations and empowering couriers, ultimately enhancing the overall customer experience.