Fawry, a prominent company specializing in banking technology and digital payments, has recently announced a collaboration with the smart schools organization, Smart Schools. The primary objective of this partnership is to establish an electronic payment gateway and provide advanced digital technology solutions for collecting tuition fees in a secure manner.
By joining forces with Smart Schools, Fawry aims to foster a greater reliance on digital payments within the education sector, ultimately benefiting students and parents. Through Fawry’s platform, Smart Schools will enable students and parents to conveniently pay all tuition fees using digital payments, eliminating the need for traditional payment methods.
Read also : Egyptian FinTech Fawry Introduces “Yellowcard”: A Game-Changing Prepaid Debit Card for Cashless Transactions
Under this partnership, Fawry is taking significant strides towards digitizing the education sector and schools. Their cutting-edge electronic payment solutions will be implemented in more than 625 smart schools, catering to nearly 2.4 million students. These solutions will be accessible through various Fawry channels, including Fawry POS machines that cover all regions of Egypt, “Fawry Plus” branches spread across all governorates, and the “myFawry” mobile application.
Hossam Ezz, the Chief Commercial Officer of Fawry, expressed his satisfaction with the partnership with Smart Schools, recognizing it as a reflection of Fawry’s strategic direction to collaborate with diverse institutions and companies in various sectors. Furthermore, Fawry is committed to digitizing payment processes for the education sector and transitioning from cash-based solutions to secure and advanced digital payment options.
Ahmed El-Laithi, CEO of Smart Schools, expressed pride in the partnership with Fawry, acknowledging the company’s efforts in implementing Egypt’s state strategies for digital transformation, in line with Egypt’s Vision 2030. This collaboration is expected to enhance the experience of students and parents while promoting digital payment solutions that align with Smart Schools’ vision of providing safe and easy services tailored to the needs of their stakeholders through Fawry’s latest electronic payment solutions.
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert.
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard