Classera, a teaching and distance learning technology provider, and Fawry, a FinTech and banking services company, signed a strategic partnership to enhance e-payment services and integrate Fawry’s digital payment solutions through Fawry and Classera Cpay.
Through this partnership, Fawry will provide all its solutions and digital payments services to Classera customers, through channels of its 300k POS machines, myfawry app, and FawryPlus branches located in all governorates, to facilitate the payment of tuition fees for students, and automation of payment systems to reduce cash financial transactions.
The partnership comes in line with Fawry’s alignment with Egypt’s digital transformation and financial inclusion strategies in light of Egypt’s Vision 2030 and the initiatives of the Central Bank of Egypt.
“At Fawry, we are always seeking partnerships with major leading institutions in various fields, and Classera is one of these institutions. We will work together to integrate our services to enhance digital payment solutions in the field of educational technology. During this partnership, we will provide students with the latest integrated financial technology through our channels, to facilitate the payment of fees”. He also described this step as a great addition to ‘Fawry’, and the beginning of expansion in this sector,” Hossam Ezz, Fawry’s Chief Commercial Officer, said.
Fawry recently partnered with the National Gas Company to launch a prepaid recharge service for gas meter cards. In addition to that, electronic payment services for gas bills through Fawry’s channels with the aim of facilitating payments for citizens.
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