Fawry cooperates with XPay to provide the 'FawryPay Reference code' service

XPay, a company regulated and fully licensed by the Central Bank of Egypt, has signed a cooperation protocol with "Fawry", the leading company in the field of digital transformation for electronic payments, to provide the 'FawryPay Reference code' and Cash out services to 'XPay' customers and merchants in the Egyptian market, in the presence of Mr. Bassem Lotfy, Head of Acceptance Sector at Fawry, and Dr. Mohamed Abdel Mottaleb, CEO of XPay.

“XPay” works to enhance the financial empowerment of individual and corporate partners by helping them plan and manage their finances through a variety of digital solutions in order to carry out their daily financial activities with simplicity and complete control.

This cooperation comes within the framework of Fawry's strategy towards consolidating the principles of financial inclusion and spreading the culture of electronic payment in financial transactions. In addition, this cooperation contributes to building a cashless society that has various technological solutions and options, which serves the state's direction towards supporting the digital transformation path in light of Egypt's Vision 2030 and the initiatives of the Central Bank of Egypt.