“Fawry” cooperates with “Classera” to promote digital payments for the educational sector

“Fawry” cooperates with “Classera” to promote digital payments for the educational sector

Cairo:- ‘Fawry’, the leading fintech and banking services company, signed a strategic partnership with ‘Classera’, a leader in teaching and distance learning technology, to enhance e-payment services and and integrate the digital payment solutions of Fawry and Classera Cpay.

In accordance with this partnership, ‘Fawry’ provides all technology solutions and integrated digital payments services to Classera customers, through channels represented by more than 300,000 ‘Fawry’ POS machines, myfawry app and ‘FawryPlus’ branches located in all governorates, to facilitate the payment of tuition fees for students, and automation of payment systems to reduce cash financial transactions.

The cooperation highlights the ‘Fawry’ support to the paths of digital transformation and financial inclusion in light of Egypt's Vision 2030 and the initiatives of the Central Bank of Egypt.

Mr. Hossam Ezz, ‘Fawry’ Chief Commercial Officer said: “At ‘Fawry’, we are always seeking partnerships with major leading institutions in various fields, and ‘Classera’ is one of these institutions”.

He added: “we will work together to integrate our services to enhance digital payments solutions in the field of educational technology. During this partnership, we will provide students with the latest integrated financial technology through our channels, to facilitate the payment of fees”. He also described this step as a