Fawry

Fawry is an Egyptian electronic payments company founded in 2008 by Ashraf Sabry with Raya Holding, and listed on the Egyptian Exchange under the ticker FWRY. Its legal name is Fawry Banking and Payment Technology Services. For most Egyptians the name stands for a way to pay bills, top-ups and online orders: in cash at a Fawry point, through the myfawry app, or at one of its terminals. Forbes Middle East counted 53.1 million customers and 372,400 POS terminals at the end of 2024.

As a checkout option, Fawry works like a cash voucher. The shopper picks Fawry, gets a reference number, often by SMS, and pays it at a Fawry outlet or in the myfawry app before it expires. The merchant is told once the money is in. dLocal's documentation describes references valid for up to 30 days, a minimum of 5 Egyptian pounds and support for refunds. Merchants abroad usually reach Fawry through cross-border providers: dLocal, EBANX and Nuvei all offer it for Egypt, in Egyptian pounds.

Fawry also sells to businesses directly. Its business arm serves large companies, small firms and financial institutions, runs its own POS terminals and launched Fawry Business in February 2025. In 2026 it announced links between its Tap N Pay app and terminals and the Odoo, DMS and Retail Pro systems. Consumers can also use it for cash deposits and withdrawals, consumer finance, insurance and the FawryPlus service. Fawry holds PCI DSS 4.0 certification. Merchant pricing is not published.

For an online shop selling to Egypt, Fawry matters because many customers still prefer cash or have no card, so offering it next to cards and wallets lets more people pay. The drawbacks are those of any cash voucher: the sale waits until the customer visits a point or opens the app, unpaid references lapse, and the method works only in Egypt.