Contact Financial Holding, Egypt’s leading non-banking financial services provider, has signed a new agreement with Fawry, the country’s leading fintech company, to expand their partnership. This collaboration will enable Contact’s Buy Now, Pay Later (BNPL) service across Fawry’s extensive payment network, which includes over 370,000 points of sale and its online platform.
The expanded partnership enhances payment flexibility for Contact’s customers by offering seamless installment plans and financing options powered by Fawry’s integrated digital payment solutions. Beyond BNPL, the agreement also covers a broader range of fintech services, including E-Payment Gateway, bill payment aggregation, and other digital solutions. This deeper integration strengthens both companies’ commitment to enhancing financial accessibility and convenience.
Aligned with Egypt’s national vision for digital transformation, the partnership supports the government’s goal of promoting financial inclusion and reducing reliance on cash transactions. By expanding digital payment options, the collaboration aims to encourage more citizens to adopt electronic payment solutions, fostering a cashless economy.
This agreement builds on the successful strategic partnership between Contact Financial and Fawry, further positioning both companies as leaders in innovative financial services while empowering consumers with flexible and accessible payment solutions across Egypt.
