On Tuesday, Egypt’s top fintech company, Fawry, expanded its partnership with Contact Financial Holding, a leading non-banking financial services provider.
The new agreement will integrate Contact’s Buy Now, Pay Later (BNPL) service into Fawry’s wide payment network, which includes over 370,000 points of sale (POS) and an online platform. This move aims to give customers more flexible payment options and make financing purchases easier and more accessible.
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Expanding BNPL and digital payment solutions
With this partnership, Contact’s customers will now have access to a variety of digital payment services beyond BNPL. These include electronic payment gateways, bill payment solutions, and digital financing services.
Fawry’s strong presence across Egypt allows Contact to expand its reach, making its financial solutions available to more customers in different regions. The integration also enhances convenience, allowing users to pay bills, make purchases, and manage finances seamlessly through Fawry’s trusted platform.
Supporting Egypt’s digital transformation strategy
This collaboration aligns with Egypt’s plan to reduce cash transactions and encourage more people to use digital payment systems. By providing simple and secure digital financial solutions, Fawry and Contact are helping to modernise Egypt’s economy and promote financial inclusion.
By making electronic payments easier and more widely available, the partnership ensures that more Egyptians—especially those without access to traditional banking—can benefit from flexible financing options.
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A commitment to innovation and convenience
Both Fawry and Contact have emphasised their commitment to delivering customer-friendly financial solutions. This partnership is a step toward a future where digital payments become the norm, making transactions faster, safer, and more efficient.
With this expansion, Fawry and Contact are set to transform the digital payment landscape in Egypt, providing more choices and greater convenience for businesses and individuals alike.