Fawaterak is a PCI-certified online payments platform designed to empower Micro, Small, and Medium Enterprises (MSMEs) to process payments digitally. The platform provides a user-friendly system, enabling businesses to accept payments and sell products or services online without the necessity of a dedicated website.
The platform’s core offering is an end-to-end solution equipped with a range of features tailored to the needs of MSMEs. These features include fully branded invoices, product links, a promotional code system, discount management, a ticketing system, mini-store functionality, customer relationship management (CRM), and advanced reporting capabilities.
Fawaterak integrates with over 15 payment methods, offering versatility and convenience for both businesses and their customers. Supported payment options include Visa, Mastercard, Meeza, Vodafone Cash, Orange Cash, bank mobile wallets, and Fawry.
The platform’s robust solution is developed entirely by an in-house team, and Fawaterak maintains strong partnerships with leading banks and financial institutions in Egypt. This ensures reliability and security for all transactions processed through the platform.
Fawaterak’s focus on MSMEs highlights its commitment to supporting the growth and digitalization of small businesses. By providing accessible and comprehensive online payment solutions, the platform helps MSMEs expand their reach and streamline their operations.
The platform’s mini-store functionality allows businesses to establish an online presence and sell their products or services directly through Fawaterak, removing the barrier of needing a full e-commerce website.
The inclusion of CRM and advanced reporting features empowers businesses to manage customer relationships effectively and gain valuable insights into their sales and performance.
Q&A Section:
Q: What is the primary focus of Fawaterak?
A: Fawaterak focuses on providing an online payments platform for MSMEs.
Q: What are the key features of Fawaterak’s platform?
A: Key features include branded invoices, product links, promo codes, discounts, ticketing, mini-store, CRM, and advanced reports.
Q: How does Fawaterak support MSMEs without websites?
A: Fawaterak provides a mini-store feature, allowing businesses to sell online directly through the platform.
Q: What payment methods does Fawaterak support?
A: Fawaterak supports Visa, Mastercard, Meeza, Vodafone Cash, Orange Cash, bank mobile wallets, and Fawry.
Q: What is the significance of Fawaterak being PCI certified?
A: PCI certification ensures that Fawaterak meets security standards for handling sensitive payment information.
Q: Where is Fawaterak headquartered?
A: Fawaterak is headquartered in 6th of October, Al Jizah.
Q: When was Fawaterak founded?
A: Fawaterak was founded in 2019.
Q: What is the size of Fawaterak’s workforce?
A: Fawaterak has between 11 and 50 employees.
Q: What types of businesses does Fawaterak serve?
A: Fawaterak serves Micro, Small, and Medium Enterprises (MSMEs).
Q: What are the specialties of Fawaterak?
A: Fawaterak specializes in e-commerce, payments, invoicing, and e-payments.