Bahrain’s PIE join forces with BFC to ease & digitize payment services

By Arya M Nair, Official Reporter
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TAM Kiosk image
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Payment International Enterprise (PIE), a leading FinTech company in Bahrain, has partnered with Bahrain Financing Company (BFC) to offer an experience that will allow consumers to complete payment services quickly, seamlessly, and digitize cash payments for remittance services.

PIE has showcased a strong commitment towards innovation and is at the forefront of creating evolutionary products for a digitized economy. The service provides payment methods such as cash, and Benefit Pay are available to ease the customer’s journey. 

In line with its efforts to combat COVID-19, the service has been launched to avoid and reduce congestion at branches by providing hundreds of locations at well-known TAM Kiosks, one-stop self-service machines, to remit money 24×7.

Mr. Deepak Nair, CEO of BFC, said that “This prestigious partnership with PIE is part of our continuous digital transformation, as we continue to strive forward in this digital age. As a market leader, we are constantly innovating and investing in our capabilities to create new customer experiences.”

“The introduction of our remittance service on self-service PIE TAM kiosk facility as an additional customer touchpoint, which will further help us to provide greater accessibility, convenience and added value to our customers. This initiative is our commitment to unparalleled service to deliver superior customer experiences,” added Mr. Nair.

Mr. Fawaz Ghazal, CEO of PIE, commented that “We are excited to join forces with the largest remittance service provider in the kingdom, such partnerships provide customers with convenience, to remit money while they are at their local grocery stores or hypermarket instead of going to exchange outlets.”

PIE is one of the largest FinTech organizations, licensed by the Central Bank of Bahrain (CBB). In 2019, it launched the TAM-Dinar project for government institutions in Bahrain to facilitate ease of payments.

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