Cairo, Egypt – 19th July 2023 – ‘Fawry’, a leading company in the field of banking technology and digital payments, announced its cooperation with the smart schools organization (Smart Schools) with the aim of building an electronic payment gateway as well as providing a set of advanced digital technology solutions to collect tuition fees in a safe way.
The partnership between “Fawry” and “Smart company”, the owner of the smart school organization (Smart Schools), contributes to increasing reliance on digital payments in the education sector, which benefits students and parents, through the use of “Fawry”. Smart Schools will enable students and parents to easily pay all tuition fees and their digital payments through “Fawry” portal, eliminating the need to rely on traditional payment methods.
According to this partnership, “Fawry” is working on digitizing the education sector and schools through the latest electronic payment solutions for more than 625 smart schools and nearly 2 million and 400 thousand students, through various “Fawry” channels such as Fawry POS machines that cover all parts of Egypt, in addition to “Fawry Plus” branches spread across all governorates, and “myFawry” mobile application.
Hossam Ezz, Chief Commercial Officer of Fawry, said: “We are very pleased with our partnership with Smart, the company that owns the smart schools organization (Smart Schools) that embodies Fawry’s strategic direction in making partnerships and agreements with various institutions and companies in many sectors.
He added: “Fawry” also seeks to digitize payment processes for the education sector and work to shift from cash solutions to secure and advanced digital payment solutions.
Ahmed El-Laithi, CEO of Smart, which owns the smart schools organization (Smart Schools), stated: “We are proud of our partnership with “Fawry” for what it is doing in implementing the Egyptian state’s strategies for digital transformation in accordance with Egypt’s Vision 2030.
El-Laithi added: “This cooperation also contributes to improving the experience of students and parents and promoting solutions Digital payment, which serves the vision of Smart Schools in providing safe and easy services to students and parents through Fawry’s latest electronic payment solutions that are tailored to their needs.”.
