Sympl partners with Cairo Festival City Mall to Offer its Customers New Payment Solutions

Sympl, Egypt’s first “Save Your Money Pay Later” platform for bank card holders, is partnering with the Cairo Festival City Mall (CFCM), Egypt’s leading shopping, dining, and entertainment destination.

Sympl is Egypt’s first deferred payment service, allowing merchants to sell directly to bank cardholders on short-term, zero-interest repayment plans. The platform is an evolution of the checkout experience, offering a hassle-free purchase process that promotes customer savings and a better matching of income and expenditure without compromising lifestyle.

This Partnership will enable its customers a Buy-Now-Pay-Later (BNPL) payment solution. Customers will be able to shop now and pay later on short-term plans with 0% interest, without any application process or pre-registration, at all affiliated stores and brands, empowering customers to better manage their finances through their shopping experience using 3, 4, or 5 interest-free payment options.

Cairo Festival City Mall is considered the number one shopping and entertainment destination in Egypt, offering an integrated and lively shopping & entertainment experience for its customers through its ongoing campaigns, offers and partnerships. Such partnerships give customers the chance to have access to a wider scope of options to enjoy their shopping without having to worry about financial factors that hinder the process. Sympl serves over 30,000 clients and has over 350 merchants covering over 1,300 point-of-sale and online partners in various fields. Shoppers can browse Sympl's merchant network and learn more about its offers by downloading its mobile app, available on Apple’s App Store and Android’s Google Play Store.

Commenting on the partnership with (CFCM), Mohamed El-Feky, CEO and Co-Founder of Sympl, said:
“Cairo Festival City Mall is one of the country’s largest and most successful malls, and we are thrilled to offer our services to CFC Mall consumers and be a part of their success. We are proud that Sympl is the first platform of its kind to empower sellers to sell their products and services directly to bank card holders on short-term, interest free payment plans that are the best fit with customer preferences. Besides, Sympl targets more than 26 million bank card holders in Egypt.”

Robert Hall, General Manger at Al-Futtaim Malls, stated:
“We are eager to provide shoppers with Sympl’s seamless buying experience, as well as its instant and flexible payment plans. We believe this collaboration will enhance customer satisfaction, and provide an exceptional and unique payment model when shopping at Cairo Festival City Mall.”

He added: “For more than nine years in the Egyptian market, Cairo Festival City Mall has succeeded in creating an integrated and innovative shopping experience. Throughout our journey, we have been always keen to establish successful specialized partnerships that ensure access to consumer friendly, secured and agile payments programs to shop at a wider range of brands at our properties.