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Fawry Teams Up With Banque Misr to Bring Apple Pay to Egypt

Editorial Team
Editorial Team

3 min

Fawry partners with Banque Misr to introduce Apple Pay in Egypt, enhancing digital payments.

Apple Pay enables secure transactions using iPhones and Apple Watches with Face ID or Touch ID.

Customers can make online purchases through Safari, eliminating the need to repeatedly enter details.

Apple's secure system keeps card numbers off servers, using unique, encrypted account numbers instead.

Fawry aims to boost trust in fintech, paving the way for broader cashless adoption across Egypt.

Fawry, Egypt’s well-known fintech powerhouse, has just opened its doors to Apple Pay, teaming up with Banque Misr to do so. The move gives customers a smoother and more secure way to pay without fumbling for cards or cash. I must say, it’s spot on for a country that’s fast-leaning into digital payments.

Instead of handing over cards or tapping in PINs, customers can now simply bring their iPhone or Apple Watch close to the terminal and—voilà—the payment goes through. Each transaction runs through Face ID, Touch ID, or a passcode, plus a one-time dynamic code for that extra layer of safety. Frankly, I reckon even the most cautious users will find that reassuring.

Apple Pay isn’t just for in-store payments either. On iPhones, iPads or Macs, you can use it while shopping online via Safari, skipping the faff of entering details again and again. Whether you’re grabbing groceries, booking transport, or paying for parking—it all gets easier.

From what’s been outlined, Apple keeps card numbers off its own servers. Instead, it assigns each device a unique, encrypted account number, tucking it away inside something called the Secure Element—a certified chip built precisely for that job. That kind of techy detail might sound dry, but it’s what makes the system tick.

Setting it up doesn’t take an IT degree. Open the Wallet app, tap the little “+” icon, and add your myfawry yellowcard. Once that’s done, users can use Apple Pay instantly and still enjoy all their regular yellowcard perks.

Now, here’s where it hits closer to home for us at *Arageek*. Watching how fintech evolves across MENA, we’ve met more than a few startups who struggled to earn consumer trust early on. Moves like this by established players—especially ones like Fawry that millions rely on—help pave the way for smaller innovators to follow suit. It’s a bit like when a big ship cuts through rough waters so smaller boats can sail behind. That said, the challenge will be driving adoption beyond major cities—something we’ve definately seen as a sticking point before.

Still, credit where it’s due. By easing digital payments through Apple Pay, Fawry and Banque Misr are helping Egypt inch closer to a fully cashless system, a shift that could open doors for the region’s emerging fintech ecosystem. And believe it or not, that’s something worth keeping a very close eye on.

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