Egyptian fintech giant Fawry has announced a strategic partnership with CDS Solutions, Odoo’s certified Golden Partner in Egypt, to integrate its Point-of-Sale (POS) systems directly with the Odoo cloud business management platform. This collaboration aims to streamline payment acceptance and financial reporting for thousands of merchants, SMEs, and large corporations across the country.
Streamlining Payments for Egyptian Businesses
The partnership will allow businesses that use Odoo’s comprehensive suite of business management tools to accept payments through Fawry’s POS terminals seamlessly within their existing system. This direct integration eliminates the need for manual reconciliation, simplifies the management of payment transactions, and enables the generation of more efficient and accurate financial reports, boosting overall operational efficiency.
A Tripartite Collaboration for Digital Transformation
The initiative leverages the strengths of all three parties to support the digital transformation of Egyptian businesses.
- Fawry provides its market-leading payment acceptance technology and network.
- Odoo offers its powerful, cloud-based business management and POS platform.
- CDS Solutions serves as the crucial integration and technical support partner, ensuring a smooth and reliable experience for all Odoo clients in Egypt.
“This partnership represents a pivotal step in our journey, allowing us to integrate our innovative solutions with a leading global platform like Odoo through its Golden Partner, CDS Solutions,” said Bassem Lotfy, Head of Business Development at Fawry.
Deepening Fawry’s Integrated Ecosystem
This move is a key part of Fawry’s broader strategy to build a comprehensive and fully integrated digital ecosystem. By embedding its payment solutions directly into the core operational software used by businesses, Fawry is moving beyond transaction processing to become an indispensable part of their financial infrastructure. This aligns with the company’s commitment to fostering the growth of Egypt’s digital economy and supporting the goals of Egypt’s Vision 2030.
“By joining forces with Fawry… we are enabling our clients to benefit from integrated and secure payment solutions directly within Odoo, granting them greater agility to manage their commercial operations,” stated Eng. Ramadan Khalil, Co-Founder and CEO at CDS Solutions.
About the Partners
- Fawry: Founded in 2008, Fawry is Egypt’s leading fintech company, serving over 53 million users monthly through a vast network of banks and retail agents for services including bill payments, mobile top-ups, and merchant payment acceptance.
- CDS Solutions: As the certified Golden Partner for Odoo in Egypt, CDS Solutions specializes in implementing Odoo’s cloud-based solutions for companies in the retail, F&B, and hospitality sectors.
Looking Ahead
This integration with a major global ERP provider like Odoo is a strategic play for Fawry to deepen its market penetration, particularly within the SME sector. By making payment acceptance a native function within a company’s primary management software, Fawry is enhancing its value proposition and further cementing its leadership position in Egypt’s rapidly evolving digital payments landscape.
Source: Zawya
