Egypt, Cairo 6th November 2023: – Fawry, Egypt’s leading provider of electronic payment and digital financial services, announced its cooperation with ‘MoneyHash’, an all-in-one payment and revenue operations platform serving the Middle East and Africa. MoneyHash removes the complexity and resource-intensive tasks involved in building, optimizing, and expanding your payment infrastructure. Tailored to the distinctive payment landscape of these regions, this collaboration presents significant and accelerated growth opportunities for businesses at various stages of development.
By combining MoneyHash’s innovative payment orchestration capabilities with Fawry’s established expertise in payment gateways, merchants can now accelerate their go-to-market strategies, mitigate losses from fraudulent transactions, and enhance their checkout experience for higher conversion rates.
Customers also have the opportunity to streamline and automate their payment procedures, leading to improved user experiences, reduced payment failures, and effective risk management.
‘Fawry’ and ‘MoneyHash’ together will offer premium technical support services delivered by a team of experts. Additionally, users can benefit from exclusive discounts when utilizing “Fawry” electronic payment channels through MoneyHash
Mohamed Kamel, Head of Acceptance and Business Development for ‘Fawry’, expressed his happiness in cooperating with ‘MoneyHash’ saying that signing the joint protocol adds significant value to the electronic payments market and the field of banking technology. He also affirmed that the cooperation helps accelerate the pace of digital transformation and achieve financial inclusion in the Egyptian market, as it provides a package of advanced digital services and payment solutions.
Nader Abdel Razek, CEO of ‘MoneyHash’ said: “Excited to work with Fawry team to bring the best payment experience to merchants in Egypt and globally. He added: “This is our first featured integration offering special rates, premium support, and coordinated technical innovation. Our collaboration with a market leader like Fawry demonstrates both firms’ commitment to modernizing payment infrastructure in emerging markets.”