{"id":594891,"date":"2019-09-10T04:52:44","date_gmt":"2019-09-10T04:52:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/"},"modified":"2019-09-10T04:52:44","modified_gmt":"2019-09-10T04:52:44","slug":"food-producers-move-towards-e-payments-amid-push-for-financial-inclusion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/","title":{"rendered":"Food producers move towards e-payments amid push for financial inclusion"},"content":{"rendered":"<p>Food producers have begun collecting their payments from retailers electronically through apps such as Fawry, Farm Frites General Manager Ahmed Seddik <a href=\"https:\/\/alborsaanews.com\/2019\/09\/09\/1241807\">told the local press<\/a>. The company has recently signed contracts with a number of electronic payment apps to increase security in transactions as part of its financial inclusion strategy, Seddik said. Juhayna has also signed a EGP 15 mn annual contract with Fawry, which <a href=\"https:\/\/enterprise.press\/stories\/2019\/02\/11\/fawry-establishes-payment-solution-for-consumer-goods-products\/\">earlier this year<\/a> launched Fawry FMCG, a new e-payment platform for consumer goods companies, according to Juhayna CEO Seif El Din Thabet. Food producer Dreem also has e-payment agreements with online retailers Jumia and Souq, its export manager Ashraf Mazen said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food producers have begun collecting their payments from retailers electronically through apps such as Fawry, Farm Frites General Manager Ahmed Seddik told the local press. The company has recently signed contracts with a number of electronic payment apps to increase security in transactions as part of its financial inclusion strategy, Seddik said. Juhayna has also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[2372,72,7087,183,564,639],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594891","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","tag-finance","tag-fintech","tag-food","tag-technology","wpautop","entry"],"acf":{"mongo_id":"d885ebfa-1216-4ebb-974c-32dbb977a9f7","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594864],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Food producers move towards e-payments amid push for financial inclusion - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Food producers move towards e-payments amid push for financial inclusion\" \/>\n<meta property=\"og:description\" content=\"Food producers have begun collecting their payments from retailers electronically through apps such as Fawry, Farm Frites General Manager Ahmed Seddik told the local press. The company has recently signed contracts with a number of electronic payment apps to increase security in transactions as part of its financial inclusion strategy, Seddik said. Juhayna has also [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-10T04:52:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Food producers move towards e-payments amid push for financial inclusion\",\"datePublished\":\"2019-09-10T04:52:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"Fintech\",\"food\",\"technology\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/food-producers-move-towards-e-payments-amid-push-for-financial-inclusion\/\",\"name\":\"Food producers move towards e-payments amid push for financial inclusion - 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The guidelines will require interested companies to request a license from the CBE as Fawry Plus has\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":644778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/fawry-planning-egp-400-mn-expansion-in-coming-18-months\/","url_meta":{"origin":594891,"position":4},"title":"Fawry planning EGP 400 mn expansion in coming 18 months","author":"enterpriseam admin","date":"3 July 2017","format":false,"excerpt":"E-payments platform Fawry is planning a EGP 400 mn expansion over the next 18 months of its online payment network and upgrade its infrastructure, CEO Ashraf Sabry said, according to Al Borsa. 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