# Vodafone Cash (Egypt)

> Source: https://docs.barcoder.ai/docs/wallets/vodafone-cash
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Vodafone Cash — official](https://web.vodafone.com.eg/en/vodafone-cash)

## Supported standards

This wallet supports the following visual-code standards:

- [`vodafone-cash-qr`](https://docs.barcoder.ai/docs/standards/vodafone-cash-qr)

## Overview

**Vodafone Cash** is **Egypt's #1 mobile-money wallet by transactions + value**, operated by **Vodafone Egypt** <sup>[1][1], [2][2], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>. **2025 baseline (per Vodafone Annual Report)**:
- **Active users**: **11.4 million** (added **3.2 million users during FY2025**)
- **Egyptian mobile-wallet market share** (Q2 2025): **55% of total wallets + 78% of transactions + 81% of transaction value**
- **Vodafone Cash revenue**: **+18.8% to €113.7 million** — now represents **8% of Vodafone Egypt's service revenue**

**Vodafone Egypt FY2025 macro** <sup>[3][3]</sup>: Record **EGP 55 billion revenue** driven by network expansion + digital services growth + Vodafone Cash adoption.

**March 2026 — Vodafone Egypt + TapTap Send cross-border transfers** <sup>[4][4]</sup>: Cross-border remittances directly to Vodafone Cash wallets — major remittance-corridor expansion.

**Distinctive Vodafone Cash positioning**: Egypt's first mobile-money operator (launched 2013); dominant wallet by transactions + value (vs Fawry's 54.8M users via 36-bank network); **Fawry serves more users but Vodafone Cash leads on transaction-share metrics**.

## History

**2013 — Vodafone Cash launches** <sup>[1][1]</sup> in Egypt by Vodafone Egypt as Egypt's first mobile-money operator.

**2014-2023 — Mass Egyptian adoption** <sup>[2][2]</sup>: Multi-million user growth.

**FY2025 (Apr 2024-Mar 2025) — 11.4M active users + 3.2M added; 55%/78%/81% market shares; €113.7M revenue (+18.8%)** <sup>[2][2]</sup>.

**March 2026 — TapTap Send cross-border transfers integration** <sup>[4][4]</sup>.

## Ownership & operator

**Operating entity**: **Vodafone Egypt** (Telecom Egypt + Vodafone Group JV).

**Major shareholders (Vodafone Egypt)**:
- **Vodafone Group plc (LSE: VOD)** — UK telco mega-group
- **Telecom Egypt** (Egyptian state-affiliated telco)

**Regulators**: **CBE (Central Bank of Egypt)** + **Egyptian Financial Regulatory Authority** + **NTRA (National Telecommunications Regulatory Authority of Egypt)**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Vodafone Cash mobile app (iOS + Android) + USSD + agent network |
| **Identifiers** | Phone (Vodafone Egypt customers + non-customers) |
| **EG rail** | **[Meeza QR](https://docs.barcoder.ai/docs/standards/meeza-qr)** (Egypt national debit + POS-mandatory) |
| **License** | Mobile Money Operator (Vodafone Egypt-licensed; CBE-regulated) |
| **Sub-products** | Money transfers + bill payments + online shopping + international remittances (+ TapTap Send cross-border Mar 2026+) |
| **Market dominance** | 55% EG mobile-wallet count + 78% transactions + 81% transaction value (Q2 2025) |

## Users & growth

**FY2025 baseline (Vodafone Annual Report)** <sup>[2][2]</sup>:
- **Active users**: 11.4 million
- **Users added FY2025**: 3.2 million
- **Q2 2025 EG mobile-wallet market share**: 55% wallets / 78% transactions / 81% transaction value
- **Revenue FY2025**: €113.7M (+18.8%)
- **8% of Vodafone Egypt service revenue**
- **Vodafone Egypt FY2025 revenue (overall)**: EGP 55 billion

## Use cases

Egyptian mobile-money transfers + bill payments + online shopping + international remittances; agent-network cash-in/cash-out; cross-border via TapTap Send (Mar 2026+); Vodafone Egypt customer + non-customer accessibility.

## Implementations & partners

**Operator**: **Vodafone Egypt** (Vodafone Group + Telecom Egypt JV).

**2026 cross-border partner**: **TapTap Send** (cross-border remittance integration March 2026+).

**Major Egyptian competitors**:
- **[Fawry](https://docs.barcoder.ai/docs/wallets/fawry)** (Egypt's #1 payment platform by users; 54.8M monthly users; EGX-listed; first fintech unicorn)
- **InstaPay** (CBE-led national instant-payment app)
- **Etisalat Cash + Orange Cash** (telco-rival mobile-money operators)
- **PayTabs Egypt** (PayTabs MENA expansion)
- **Network International Egypt** (Network International MENA reach)

**Regulators**: **CBE + Egyptian Financial Regulatory Authority + NTRA**.

## Fun facts

- **Egypt's #1 mobile-money wallet by transactions + value** — 55% of wallets / 78% of transactions / 81% of transaction value (Q2 2025).
- **FY2025**: 11.4M active users + 3.2M added in single year + €113.7M revenue (+18.8%).
- **2013 launch** — Egypt's first mobile-money operator.
- **8% of Vodafone Egypt service revenue** — distinctive telco-fintech revenue share.
- **March 2026 TapTap Send cross-border integration** — remittance-corridor expansion.
- **Vodafone Group (LSE: VOD) parent** + Telecom Egypt JV.
- **Distinctive vs Fawry**: Fawry serves more users (54.8M) but Vodafone Cash leads on transaction-share metrics in mobile-wallet category.

## Comparison

| Feature | Vodafone Cash | [Fawry](https://docs.barcoder.ai/docs/wallets/fawry) (EG #1 payment platform by users) | InstaPay (EG CBE-led instant) | [M-Pesa](https://docs.barcoder.ai/docs/wallets/m-pesa) (KE analogous telco-led mobile-money pioneer) | [MTN MoMo](https://docs.barcoder.ai/docs/standards/mtn-momo) (multi-African telco-led analogue) |
|---|---|---|---|---|---|
| Operator | **Vodafone Egypt (Vodafone Group LSE: VOD + Telecom Egypt JV)** | Fawry (EGX: FWRY; Ashraf Sabry founder; Helios + EFG-EV + Ahly backed) | Central Bank of Egypt | Safaricom + Vodacom | MTN Group (JSE: MTN) |
| Type | **Egypt #1 mobile-money wallet by transactions + value (telco-led)** | Egypt #1 payment platform by users + agent network + multi-segment financial services | EG national instant-payments | KE mobile-money pioneer | Multi-African telco-led mobile money |
| Country | Egypt | Egypt | Egypt | Kenya + East Africa | 17 African |
| Users | **11.4M active + 55%/78%/81% EG mobile-wallet shares (Q2 2025)** | 54.8M monthly users + 377K agents + 6M+ daily tx | Mass EG | 51M+ | 60M+ MoMo |
| Distinctive | **2013 launch; FY2025 €113.7M revenue (+18.8%) = 8% of Vodafone Egypt service revenue; Mar 2026 TapTap Send cross-border** | EGX-listed; FY2025 record EBITDA 4.97B (+80.8%, 57.4% margin highest in history); Financial Services +135% growth | CBE national instant rail | 2007 mobile-money pioneer | MTN telco-led African expansion |

## Status

**Active, Egypt's #1 mobile-money wallet by transactions + value** <sup>[2][2], [4][4]</sup>:
- **Vodafone Egypt (Vodafone Group + Telecom Egypt JV)** since 2013.
- **FY2025**: 11.4M active users + 3.2M added + 55%/78%/81% EG mobile-wallet shares + €113.7M revenue (+18.8%).
- **March 2026 TapTap Send cross-border integration**.
- **Vodafone Egypt FY2025 overall revenue EGP 55 billion**.
- **CBE + Egyptian Financial Regulatory Authority + NTRA regulated**.

## Sources

[1]: https://web.vodafone.com.eg/en/vodafone-cash "Vodafone Cash — official"
[2]: https://reports.investors.vodafone.com/view/897876789/25/ "Vodafone 2025 Annual Report Vodafone Cash 11.4M users"
[3]: https://www.telecomreviewafrica.com/articles/telecom-operators/28158-vodafone-egypt-posts-record-egp-55-billion-revenue-in-fy2025/ "Vodafone Egypt record EGP 55B FY2025 — Telecom Review Africa"
[4]: https://techafricanews.com/2026/03/18/vodafone-egypt-and-taptap-send-launch-cross-border-transfers-to-vodafone-cash-wallets/ "Vodafone Egypt + TapTap Send cross-border Mar 2026 — TechAfrica"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [Vodafone Cash — official][1]
- [2] [Vodafone 2025 Annual Report Vodafone Cash][2]
- [3] [Vodafone Egypt record EGP 55B FY2025 — Telecom Review Africa][3]
- [4] [Vodafone Egypt + TapTap Send Mar 2026 — TechAfrica][4]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [vodafone-cash.md](https://docs.barcoder.ai/source/wallets/vodafone-cash). See `matrix.md` for standards-support matrix if present.