Fawry, a Cairo-based e-payments platform, has signed a Mutual Collaboration Agreement (MCA) with Ottu, a Kuwait-based online payment management system provider.
This partnership marks Ottu’s first collaboration in Egypt, aiming to enhance the country’s online payment infrastructure.
By integrating Fawry’s payment network with Ottu’s Online Payment Management System (OPMS), businesses operating in Egypt will have access to more secure and flexible payment solutions.
Fawry’s local market expertise will support companies in optimising payment processes, improving efficiency, and reducing operational costs.
Heba El Awady, Chief Business Officer – Acceptance at Fawry, stated:
“Our partnership with Ottu strengthens Fawry’s position as Egypt’s leading payment service provider and reaffirms our ongoing commitment to driving innovation. Together, we are empowering businesses with advanced, secure, and seamless payment solutions, enhancing their ability to thrive in an evolving digital economy.”
Talal Al Awadhi, CEO of Ottu, commented:
“Within this strategic partnership, we demonstrate our market expansion goals and focus on delivering advanced payment solutions to help businesses thrive. Our initiatives in Egypt will serve as the cornerstone for expanding our presence beyond the GCC.”
Featured image credit: Fawry
