Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, has launched a new digital wallet and upcoming payments super app offering, BPay.
BPay is a secure, easy-to-use, and fully featured payments app that is part of a Kingdom-wide initiative to make Bahrain cashless and supports Bahrain’s government initiatives to drive digital transformation.
Users can initially use BPay to purchase goods or services, send and receive money peer-to-peer, store money for when they need it, store credentials for various payment instruments securely and digitally, remit money, pay bills, use value-added services and more.
“We are delighted to launch BPay today. This is a tailored payments product designed to be the first choice in digital payments and financial services. BPay facilitates digital transactions securely in near-real time locally and globally, that all consumers and businesses can partake in to serve their everyday needs and, at the same time, promotes and supports wider financial inclusion across the Kingdom of Bahrain. The speed, convenience, and transparency of our new service offering will resonate with users of the BPay application.”
BPay is directly integrated into AFS Point of Sale (PoS) terminals using APIs for merchants and corporations, for efficient, convenient use. For consumers, BPay is accessed by smartphone users through a digital app available from any app play store. Once they have set up the app, users can move funds to their BPay account via Benefit.
Regulated by the Central Bank of Bahrain (CBB), and majority-owned by Bank ABC, AFS boasts numerous ground-breaking end-to-end digital payment services and solutions. These span debit, credit, and Islamic card processing, merchant acquiring, fintech, and a suite of state-of-the-art value-added services. Providing the highest quality payments solutions that are trusted by businesses, AFS has offices and data centers in Bahrain, the UAE, and Oman.