Fawry, zVendo form strategic partnership to optimize E-commerce payment acceptance

Fawry Acceptance and zVendo.com’s E-commerce websites and apps will be integrated.

26 July 2022 (Cairo, Egypt) – Fawry, the leading banking technology and digital payment solutions company, has announced that it signed a strategic partnership with the award-winning provider of integrated E-commerce solutions zVendo.com to make the payment acceptance service “Fawry Accept” available for zVendo.com’s customers in Egypt.

Under this partnership, Fawry Acceptance and zVendo.com’s solutions for building applications and websites will be integrated, thereby facilitating the full digitalization of merchants’ transactions, which translates into shorter timeframes and more competitive prices. Now zVendo.com’s clients operating in the E-commerce field will be able use Fawry’s various e-payment solutions like the POS machines, integrate their website into Fawry’s gateway, and enjoy the loyalty program’s rewards offered by the e-payment provider.

Fawry is seeking to broaden the range of Fawry Accept’s schemes in order to reach out to different segments of E-commerce companies and Q-commerce (quick commerce) startups. The company is also engaged in enriching Egypt’s business market with state-of-the-art financial technologies and payment acceptance solutions.

zVendo.com is Egypt’s sole provider of one-stop-shop integrated E-commerce solutions and all-inclusive commercial services. It is an award-winning E-commerce platform that offers perfect support experience as well as unique local services to its customers.

Commenting on the agreement, Heba El-Awady, Chief Business Officer – Acceptance and Acquiring at Fawry, said: “Fawry adopts a comprehensive vision that focusses on fulfilling market needs through expanding and diversifying its customer base by means of striking different partnerships in all sectors. The deal with zVendo.com is driven by this vision, which will also enhance our mission of promoting the online payment experience in Egypt while offering the best market prices.”

On his part, Tarek Bakry, zVendo.com’s Co-Founder and CEO, expressed his optimism over the strategic partnership with Fawry, stating that he is sure that it will result in the provision of an all-inclusive and integrated E-commerce service to merchants in Egypt. “The Egyptian market is a huge one; there are over 250,000 merchants who can benefit from the services and solutions of Fawry and zVendo.com,” he stated.

Likewise, Sameh Abdel Fattah, zVendo.com’s Founder and Chief Technology Officer, stressed that integrating both zVendo.com and Fawry’s solutions will offer the merchants a smooth experience, helping them to grow their businesses.