fawaterk

As you know that we have a big problem in Egypt in the online payments transactions especially with the small merchants and vendors. This problem is causing a hustle and delay for them to collect their money without paying an extra collecting fees. So that, we provide  to the small online merchants invoicing system to collect their money from their customers Online .Also, they can manage their sales and customers profiles from Multi-language dashboard. In additions, we are working now on providing some add ons Features Like - build E-store connected with payment gateway if you are working as eCommerce merchant then you can get your store with online payment from our platform. 

We are providing our services through a website ,and we get our fees based on transactions.

Vendors or merchants can start now to register in our website, whence he has account ,he can create invoices and send it for customers to pay for him ,then we collect all payment and transfer money for merchants after 3 working days after we take our fees.

Also we develop more advanced feature for merchants who need to sell his products online ,we provide him eStore builder plugin ,he can setup it and add his categories, products and inventory ,then share his store link with his customers to buy directly from his store and pay online for him .

And as we know what entrepreneurs need to have their business, we provide them with great analytics reports to measure their success and know how next setup to develop his business(Under developing Now).

Our competitors are ,payme ,accept and payfort , but our competitive advantages are ,low transaction fees , pay for merchants after 3 days not 7 as others ,also we provide a great advantage and this is eStore builder in same platform also can customize his store by adding his categories .

And the last we didn’t have monthly fees or installing fees like others .

Target Market:

We already start with small segment  In Egypt and we have now 2 customers we get from our pilots launch last month.

 

-We target freelancers and Online merchants who need professional and easy platform to  manage their business and they have minimum transactions about 2000 L.E Monthly.

Team:

We already 3 members in the team who all are specialized in field with good experience in it:

Waleed: Founder (Operation and Management)

He graduated from faculty of computer and information Cairo University 2010.

He studying Operation Management, Organization Behavior, Finance and Marketing, also he start before an Ecommerce business in Egyptian Handmade ,And then work In ExpandCart  for 2 years as Service Delivery manager ,He worked with several customers from MENA and maintain their success in their business.

Miachael: Co-Founder (CTO)

Miachael has 3 years’ experience as Software engineer ,he worked with different technologies and programming languages ,he working in different international companies help them to enhance their infrastructure .

Wael: Co-Founder (Web Designer)

Graduated From Information System Instituted, October University 2013.

He has 3 year’s Experience in a lot of Organizations, now he working  as web design team leader  at Expandcart.

 

Country

Egypt

Industry

Fintech / Financial Services

Startup Stage

Startup

Number of Employees

0-5

Year Founded

2018

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