With Fawry, your company’s cash collection will always be handled conveniently and safely!
As an integral part of any business, Fawry guarantees you fast, easy and secure cash collection services to ensure your money’s safety. With our state-of-the-art solutions, we eliminate the possible risks throughout the cash-handling process to better serve you and your customers.
What Fawry Offers
Fawry collection solutions are tailor-made just for your organization. As a valuable merchant with Fawry, you can adapt any channel to reach your clients in the best way that suits your business. You can mix and match any set of channels either digital or physical we offer and start accepting your payments the way you prefer.
And it doesn’t stop there. Our collection services can be online or offline, depending on the integration between us, so you never miss a collection opportunity.
Banking Cards Collections
With Fawry, card collections have never been easier. As an important member of our merchant group, you reap the following benefits:
- Each component of Fawry’s solutions, whether POS, gateway, or software, are PCI DSS certified.
- Banking Card account number is encrypted on all systems.
- No PIN entry is required.
- Card account number is printed masked on the receipt (1234********5678)
- Collection is available 24/7
Loans and Installments
Fawry offers an extensive network of solutions for banking loans collections, consumer finance institutions, as well as microfinance and insurance companies.
The process in itself is made easy and efficient. Customers deposit money into their account, and on the installment due date, the loan system debits the customer account and credits the loan. You and your customers can enjoy a variety of benefits, including:
- Billing Account
- Use Debit Card PAN
- Loan number
- 24/7 Collection availability
Loans and Installments
Fawry offers an extensive network of solutions for banking loans collections, consumer finance institutions, as well as microfinance and insurance companies.
The process in itself is made easy and efficient. Customers deposit money into their account, and on the installment due date, the loan system debits the customer account and credits the loan. You and your customers can enjoy a variety of benefits, including:
- Billing Account
- Use Debit Card PAN
- Loan number
- 24/7 Collection availability
EFFICIENCY AND ACCOUNTABILITY
Fawry settles the amounts the following business day for all transactions. Banks should settle the amounts with the value date of the transaction.
OFFLINE MODEL
For the offline model, banks are required to provide Fawry with all card BINs to be configured on the GW for validation, and ensure no Off-Us cards are processed by mistake.
EFFICIENCY AND ACCOUNTABILITY
Fawry settles the amounts the following business day for all transactions. Banks should settle the amounts with the value date of the transaction.
OFFLINE MODEL
For the offline model, banks are required to provide Fawry with all card BINs to be configured on the GW for validation, and ensure no Off-Us cards are processed by mistake.