عربي

Fawry Dahab partners with PayMe to facilitate Egyptian expats transactions

Arabic

Fawry Dahab partners with PayMe to facilitate Egyptian expats transactions
  • Egypt-based fintech Fawry has partnered with UAE-based fintech PayMe to enhance its remittance services for Egyptian expatriates in the Gulf region and worldwide.
  • Through this partnership, Fawry Dahab targets 12 million Egyptian expats, helping them to conduct financial transactions and pay bills inside Egypt from abroad through the PayMe application. 
  • Fawry is a leading Egyptian fintech founded in 2008 by Ashraf Sabry that extends payment solutions for the banked and unbanked population. Meanwhile, PayMe is an e-payment solution that aims to facilitate bill payments for foreigners living abroad. 

Press release:

Fawry, a leading provider of banking technology and electronic payment services in Egypt, has announced the signing of an agreement with PayMe Digital for payment services targeting expats worldwide. The partnership aims to empower Egyptian expatriates in the Gulf region and worldwide to conduct financial transactions and pay bills electronically in Egypt from abroad through the PayMe application for smartphones, currently available in all app stores.

The partnership between Fawry Dahab and PayMe enables millions of Egyptian expatriate users to settle all payments, such as service bills, school and university fees, driving licenses and cars, club memberships, medical and social insurance, and execute all financial transactions within Egypt, through the PayMe application. 

PayMe provides reliable and secure technological solutions through a unique omni-channel model via mobile applications and partner integrations. The company is working to add additional services alongside bills and digital payments to meet the needs of expatriates, as well as through partners in many countries, aiming to expand its service offerings worldwide.

Fawry Dahab places Egyptian expatriates abroad at the forefront of its priorities, targeting more than 12 million Egyptian expatriates to provide them with the best payment services and innovative financial technology solutions, helping them to easily conduct financial transactions and pay bills in Egypt from abroad.

Eng. Waleed El-Sayed, General Manager of Fawry Dahab, stated, "Fawry adopts an ambitious plan towards expansion into international markets and forming various partnerships in many sectors, enriching Egyptian expatriates in all countries with a package of innovative digital solutions that help them carry out their digital transactions. Fawry is also working hard to enhance Fawry's position as a leading platform in the digital payments market, which is the first choice for Egyptian citizens residing abroad."

Dr. Dharrar Al-Nasif, Board Member of PayMe, said, We are proud to cooperate with Fawry Dahab, the largest company in Egypt in the field of financial technology, as it has a broad fan base, and through the agreement, we seek to reach them, with a package of the easiest and safest financial technology solutions, to complete their payments from abroad, as well as send remittances to Egypt.”

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