VERICASH and Fawry in a Collaboration to Empower Financial Inclusion & Cross Border Services

VERICASH And Fawry In A Collaboration

CIT VERICASH has announced a strategic partnership with Fawry will facilitate the exposure of Fawry electronic payment services to VERICASH local customers in Egypt and VERICASH Network customers worldwide. Moreover, Utilizing Fawry’s extensive agency network in Egypt to provide over the counter services to VERICASH digital banking and mobile financial services customers across Egypt. CIT VERICASH continues to build its Network capabilities and cross border added value services in more than 23 countries across the Middle East and Africa region.
CIT VERICASH — the mobile payment division of CIT Global – provides one single platform for complete digital financial solutions. It can be used for Digital Banking, Mobile Payment solutions, and Agency Banking. VERICASH delivers a collaborative ecosystem connecting various wallets among businesses, consumers, and agents. CIT VERICASH is building upon CIT Global unique mix of expertise that is unmatched in the mobile services market. CIT Global is an international leading provider of innovative eCommerce and mCommerce software solutions and services delivering innovative and award-winning solutions to its clients in 45 countries.
Fawry — a pioneering Electronic Payment Network, currently offers over 250 electronic payment services through its network of over 100,000 service points across 300 cities in Egypt – that include ATMs, mobile wallets, retail shops, post offices, and little vendor kiosks. Fawry’s network of retailers includes small groceries, pharmacies and stationaries, and post-offices