Fawry partners with PharmaOverseas to revolutionize Egypt’s pharmaceutical distribution sector
Updated 2/5/2025 3:17:00 PM
Arab Finance: Fawry for Banking Technology and Electronic Payment entered into a strategic partnership with PharmaOverseas to foster the pharmaceutical distribution sector in Egypt, as per a press release.
The two parties will join forces to deliver advanced digital payment solutions that streamline transactions, boost efficiency, and secure a seamless payment experience within the pharmaceutical sector.
This comes as part of Fawry’s objectives to accelerate digital transformation across various industries in line with Egypt’s Vision 2030.
The EGX-listed firm will integrate its digital payment solutions, including point-of-sale (POS) payment acceptance, cash management, and Pay by link to evolve the pharmaceutical distribution industry.
Meanwhile, PharmaOverseas will be able to enhance its transactions and offer more efficient and flexible services to its network of pharmacies across Egypt.
Ashraf Sabry, CEO and Managing Director of Fawry, said: “We are keen to strengthen our partnerships with trusted entities whose vision aligns with our strategy of providing innovative digital payment solutions.”
“These solutions empower businesses to enhance their performance, deliver better services to their customers, and achieve sustainable growth,” Sabry elaborated.
Mohab Gazzarine, Chairman of PharmaOverseas, commented: “We are confident that Fawry’s digital payment solutions will simplify cash transaction management, improve collection processes, and provide pharmacies with a smoother experience."
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