STAY AHEAD OF THE GAME BY OFFERING
MOBILE WALLET PAYMENT SOLUTIONS
Mobile wallets are a banking product (similar to prepaid cards or bank accounts), regulated by the CBE, where the account number is the mobile number (MSISDN). These wallets are typically used through a mobile application (MNOs provide through USSD), and are low-risk products (small balance capping, small daily and monthly consumption limits).
FAWRY’S DYNAMIC SOLUTIONS ALLOW YOU TO OFFER
WIDER PAYMENT SOLUTIONS TO YOUR CUSTOMERS
Fawry provides the wallet software as a service (SAAS), since, as a platform, it is connected to Meeza as a wallet scheme in Egypt and remains part of the daily operation cycle (transaction processing, reconciliation and settlement).
Having a mobile wallet payment solution gives you, as a business, a competitive edge that allows for more customer flexibility and efficiency. With a mobile wallet, customers can:
Cash In (through any FawyPlus branches, Bank ATM, Fawry ATM, or Fawry retail network)
Send and receive money to and from other wallets
Purchase a VCN
Make purchases from merchants that have wallet acceptance (online or in-store)
Cash Out (through any FawyPlus branches, Bank ATM, Fawry ATM, or Fawry retail network)
Remittance service (Road Mapping)
Loyalty program (Road Mapping)
Lending (Road Mapping)
Saving (Road Mapping)