Value of mobile wallet transactions on Fawry Egypt 2020-2023

Published by Statista Research Department, May 8, 2024

As of FY 2023, the Fawry network in Egypt processed close to 190.2 billion Egyptian pounds (almost 3.97 billion U.S. dollars) worth of transactions via mobile wallets. This was a significant increase compared to the 88 billion Egyptian pounds (nearly 1.84 billion U.S. dollars) handled in the previous year.

Fawry for Banking Technology and Electronic Payments S.A.E was established in 2008 and is one of the biggest digital finance solutions and e-payments providers in Egypt.

Value of mobile wallet transactions on Fawry in Egypt from 2020 to 2023 (in million Egyptian pounds)

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Release date

March 2024

Region

Egypt

Survey time period

2020 to 2023

Supplementary notes

The figures were taken from several publications.

The values here refer to the sum of processed transactions conducted from operator and bank's wallets through the Fawry network.

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