Latest news with #OnlinePaymentManagementSystem
Zawya
24-04-2025
- Business
- Zawya
Ottu and HyperPay join forces to revolutionize digital payments in MENA region
Riyadh, KSA – Ottu is proud to announce a strategic partnership with HyperPay, a leading digital payment solutions provider, through a Mutual Collaboration Agreement (MCA), marking a significant milestone in transforming the digital payments landscape across the Middle East and North Africa (MENA) region. This powerful alliance unites two of the region's leading fintech innovators to deliver a smarter, more secure, and future-ready payment ecosystem. The Ottu and HyperPay partnership brings a range of strategic benefits to businesses across the MENA region. Merchants gain access to localized payment methods tailored to regional preferences, enhanced transaction security powered by advanced fraud protection, and optimized performance through smart routing and real-time analytics. The collaboration also simplifies integration, offering a unified platform that reduces operational complexity, accelerates time to market, and streamlines overall payment management. Ottu's Online Payment Management System (OPMS) is a next-generation orchestration platform designed to give merchants complete control. Through a single, intelligent interface, businesses can manage multiple payment service providers while leveraging AI-powered routing and actionable analytics for peak performance. Danah Taqi, Chief Communication Officer of Ottu, commented: 'This partnership with HyperPay aligns with our mission to advance payment technologies across the MENA region. By joining forces, we are equipping businesses with the tools they need to navigate the digital economy with confidence and efficiency.' Muhannad Ebwini, Founder and CEO of HyperPay, stated: 'We are excited to join forces with Ottu in this strategic partnership that aligns with our efforts to shape the digital payment landscape in the MENA region. By combining our advanced payment platform with Ottu's next-generation orchestration platform, OPMS, we seek to empower our vast client base. We anticipate this collaboration to pave the way for an innovative, efficient, and secure financial future.' About Ottu Ottu provides an advanced online payments platform that allows businesses to handle multiple payment gateways in multiple regions through an integrated solution. Through its platform, Ottu serves businesses by delivering three key solutions: innovation, security, and operational efficiency, which enable payment infrastructure development for increased business expansion. About HyperPay MENA customers trust HyperPay, a leading online payment service provider, to deliver secure, efficient, scalable payment solutions. By prioritizing innovation and compliance, HyperPay provides payment solutions to companies operating across different sectors for seamless digital transactions.
Zawya
09-03-2025
- Business
- Zawya
Fawry and Ottu sign strategic collaboration agreement to drive unprecedented business growth in Egypt
Cairo, Egypt: Fawry, Egypt's leading fintech company, has signed a pioneering Mutual Collaboration Agreement (MCA) with Ottu, the leading Online Payment Management System (OPMS) in the Middle East. Together, Fawry and Ottu aim to redefine Egypt's online payment landscape, empowering businesses with innovative and efficient payment solutions, with Fawry being Ottu's first partner in Egypt. This strategic alliance creates a significant opportunity for businesses aiming to expand their operations across Egypt. By integrating Fawry's leading payment infrastructure with Ottu's advanced Online Payment Management System (OPMS), organizations can access flexible and secure payment solutions tailored to the evolving needs of this dynamic market. Leveraging Fawry's extensive expertise in Egypt, this collaboration offers valuable local market insights, enabling businesses to streamline payment processes, enhance efficiency, and reduce operational costs while positioning themselves for growth in Egypt's emerging economy. For her part, Heba El Awady, Chief Business Officer – Acceptance at Fawry commented, 'Our partnership with Ottu strengthens Fawry's position as Egypt's leading payment service provider and reaffirms our ongoing commitment to driving innovation. Together, we are empowering businesses with advanced, secure, and seamless payment solutions, enhancing their ability to thrive in an evolving digital economy.' Talal Al Awadhi, CEO of Ottu, expressed his enthusiasm about collaborating with Fawry stating: 'Within this strategic partnership, we demonstrate our market expansion goals and focus on delivering advanced payment solutions to help businesses thrive. Our initiatives in Egypt will serve as the cornerstone for expanding our presence beyond the GCC.' The digital economy across Africa is poised for significant expansion in the coming years, with Egypt's pivotal regional access playing a crucial role. The Fawry-Ottu partnership provides businesses with a powerful competitive edge, equipping them with the tools needed to capitalize on emerging market opportunities in this lucrative marketplace. About Fawry for Banking Technology and Electronic Payments Founded in 2008, Fawry is the largest e-payment platform in Egypt serving the banked and unbanked population. Fawry's primary services include enabling electronic bill payments, mobile top-ups and provisions for millions of Egyptian users. Other digital services also include e-ticketing, cable TV, and variety of other services. Through its peer-to-peer model, Fawry is enabling corporates and SMEs to accept electronic payments through a number of platforms including websites, mobile phones, and POSs. With a network of 36 member banks, its mobile platform and more than 372 thousand agents, Fawry processes more than 6 million transactions per day, serving an estimated customer base of 53.1 million users monthly. Learn more at About Ottu Ottu stands at the forefront of financial technology as a pioneering company committed to transforming the landscape of online payment integration, management, and orchestration for merchants. Ottu's unwavering dedication to innovation, security, and customer-centric solutions has paved the way for strategic partnerships with banks, schemes, and acquirers, enhancing the fintech ecosystem. Learn more at
