Fawry, a leading provider of banking technology and electronic payment services in Egypt, has recently entered into a strategic partnership with PayMe digital to enhance payment services for Egyptian expatriates worldwide. The collaboration aims to empower millions of Egyptians residing abroad, particularly in the Gulf region, to seamlessly conduct financial transactions and pay bills electronically in their home country.
The agreement between Fawry Dahab and PayMe marks a significant step in facilitating a range of financial services for Egyptian expatriates. Through the PayMe application, available on all major app stores, users will now be able to settle various payments, including service bills, school and university fees, driving licenses, cars, club memberships, and medical and social insurance, with the click of a button.
PayMe, known for its reliable and secure technological solutions, operates through a unique omni-channel model via its mobile application and partner integrations. The company is actively working to expand its service offerings beyond bills and digital payments to cater to the diverse needs of expatriates, collaborating with partners in numerous countries to extend its global reach.
Fawry Dahab, with a commitment to prioritize Egyptian expatriates, aims to serve over 12 million users residing abroad, providing them with cutting-edge payment services and innovative financial technology solutions. Eng. Waleed El-Sayed, General Manager of Fawry Dahab, emphasized the company’s ambitious plan for international expansion and forming strategic partnerships in various sectors to enrich the expatriate experience with innovative digital solutions.
“Fawry is dedicated to enhancing its position as a leading platform in the digital payments market, becoming the preferred choice for Egyptian citizens residing abroad,” said Eng. Waleed El-Sayed.
Dr. Dharrar Al-Nasif, Board Member of PayMe, expressed pride in the collaboration with Fawry Dahab, highlighting Fawry’s status as the largest financial technology company in Egypt. “Through this agreement, we aim to provide the vast user base of Fawry with easy and secure financial technology solutions, allowing them to complete payments from abroad and send remittances to Egypt,” stated Dr. Dharrar Al-Nasif.
Fawry, founded in 2008, stands as the largest e-payment platform in Egypt, offering a range of electronic bill payments, mobile top-ups, and various digital services. With a network of 36-member banks, a mobile platform, and over 324,000 agents, Fawry processes an average of 4 million transactions daily, serving more than 50 million users monthly.
PayMe, a hassle-free e-payment solution, aims to simplify bill payments for foreigners living abroad. With cross-cultural integration and partnerships worldwide, PayMe offers a fast, easy, and secure solution for cross-border payments, allowing users to enjoy a plethora of payment options, real-time tracking, and fraud prevention from anywhere in the world.