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Fawry records EGP 5 billion e-payments

Fawry for Banking Technology and Electronic Payments recorded a boom in electronic payments, with a value of EGP 5 billion in 2021.

The company has explained that this boom was achieved via the “Fawry Accept” app for payment solutions, through points of sale at retailers, and the Internet.

In addition to the company’s machines around Egypt.

The application “Fawry Accept” recorded e-transactions worth EGP 5 billion in 2021.

While “Fawry” machines witnessed transactions worth EGP 6 billion during the same year.

Thus, the company leads the digital payments sector in Egypt, with a turnover of EGP 11 billion in the previous year.