TE Data offers customers opportunity to pay bills via Fawry

Press release
Published January 6th, 2011 - 02:54 GMT
Ashraf Sabry, Fawry CEO
Ashraf Sabry, Fawry CEO

Fawry, the leading electronic bill payment and presentment (EBPP) network in Egypt, has announced that customers of The Egyptian Company for data transfer TE DATA can pay their monthly bills through its nationwide network with immediate effect.

TE Data, the fastest growing Data communication and Internet Service Provider in Egypt, is the country’s leader, with the biggest infrastructure and 70% of Egypt’s capacity.

Under an agreement signed with Fawry, TE Data customers will be able to pay their bills for all services rendered by the company through Fawry’s extensive network. TE Data customer can either pay their bills in cash at post offices in Egypt or at 2500 bill payment and mobile top-up points that are available at medium and large grocery stores or pharmacies, shopping centers and supermarkets in Cairo, Alexandria and Delta region. 

Customers who have bank accounts can also pay their bills via ATMs, as major banks in Egypt offer Fawry service through its network of outlets. Customers can also pay by debit cards via ATMs of National Bank of Egypt, Banque Misr, Banque Du Caire, Bank of Alexandria and Arab African International Bank. The National Bank of Egypt also allows customers to use their credit cards on its ATMs to pay bills through the Fawry network.

Customers need not have a printed bill in hand, as they can simply head to any retail point displaying the Fawry logo, check their bills and pay it.  The Fawry branded PoS machine will show the outstanding balance and also displays the issuer’s confirmation of payment. Customers will then get a printed receipt and receive a confirmation SMS on their mobile phone.

“We’re pleased to work with TE Data to offer its customers several more options for bill payment through a modern, simple, easy to use and yet secure network”, said Ashraf Sabry, Fawry CEO.

“The fawry Network offers companies, merchants and service providers the ideal customer satisfaction solution, in addition to improved bill collection.  Using the Fawry network helps lower the costs of issuing and collection of bills through a nationwide network that covers all payment channels including cash payments, banks, post offices, debit and credit card payments and through retail outlets”, he added.

Managing Director of TE Data, Eng. Ahmed Osama said that the partnership with Fawry is in line with the company’s strategy to provide the latest services to its customers with the aim of satisfying their aspirations and meeting daily needs and requirements of a modern society.

“TE Data is the leading provider of internet services in Egypt and we’re keen on reinforcing this position by joining hands with a prominent company like Fawry that is pioneering this modern bill payment concept in Egypt”.

The nationwide Fawry service saves a lot of time and effort as it’s a modern, simple, easy to use, secure and cost-effective method to pay bills without the need to stand in long queues or visit sales centres of companies, as well as its availability and accessibility round-the-clock.  Fawry plans to increase its PoS machines at retailer stores to 3000 by the end of the year and to 12,000 by the year 2012.

 “The Fawry network offers limitless possibilities for the future in terms of bill presentment and payment in Egypt, thanks to the tremendous investment made towards further enhancing the concept’s technological capabilities, as well as its flexibility in being able to support virtually any payment for almost any good or service,” said Ashraf Sabry, CEO of Fawry. 

He added: “Our strategy is to enable consumers to use the Fawry network in future to pay bills for almost anything from vehicle and medical insurance, utilities and government services, and towards paying their monthly premium satellite TV subscriptions”.

For more information or locating the Fawry retail point closest to you, please visit the company website on: www.fawry.com.

Background Information

Fawry

Fawry is a pioneering Electronic Payment Network, offering financial services to consumers and businesses through more than 90 thousand locations and a variety of channels.

Fawry offers a convenient and reliable way to pay bills and other services  in multiple channels (online, using ATMs , mobile wallets and retail points)

Fawry’s network of retailers includes small groceries, pharmacies and stationaries, and post-offices, all equipped with point-of-sale machines – the same ones used for credit card payments.

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