Fawry, a well-known fintech and banking services provider, has announced a strategic partnership with Classera, a leader in teaching and distance learning technologies, to improve e-payment services and integrate Fawry and Classera Cpay digital payment solutions.
Mr. Hossam Ezz, Chief Commercial Officer of Fawry, said, “At “Fawry,” we are always looking for partnerships with major leading institutions in different fields, and “Classera” is one of these institutions.”
He added, “By combining our services, we will cooperate to enhance digital payment solutions in educational technologies. During this relationship, we will give students the newest integrated financial technologies through our channels to expedite the payment of fees”. He also called this a “wonderful addition to ‘Fawry’ and the start of expansion in this sector.”
The Chief Executive Officer of Classera. Mohammed Al-Madani, said, “We just finished one of the largest funding rounds a company that had never received funding before had done in the EdTech industry. With our Learning Super Platform LSP, we are taking the E-learning experience to new heights. It complements our cutting-edge learning management system with many other supporting technologies such as EduMalls, the education eCommerce platform, C Smarter ERP, CPay education online payment gateway, and many others.”
“Today, we’re happy to announce that our partnership with Fawry, a leader in digital transformation, cashless communities, and electronic payments in Egypt, is growing. Our goal is to digitize the learning experience and increase the number of places that accept electronic payments so that we can offer the next generation of seamless e-learning solutions.”
As a result of this collaboration, “Fawry” offers Classera customers all technological solutions and integrated digital payment services through more than 300,000 “Fawry” POS terminals. All governorates have “myfawry” apps and “FawryPlus” branches to make it easier for students to pay their tuition fees and to automate payment systems to reduce cash transactions.
Mr. Ahmed Fahmy, Commercial Director at Fawry, said, “We are delighted to cooperate with ‘Classera’ to develop e-payment services in the field of educational technology and to give students and trainees a simple and entirely safe way to pay by integrating ‘Fawry’ and ‘Classera CPay’ solutions.”
He continued, “Fawry is looking forward to making more partnerships in different areas to expand our customer base and success partners and help the country move toward digital transformation and financial inclusion.”