stc pay Bahrain has partnered with Bahrain-based payment infrastructure provider Global Payment Services (GPS) to enhance its mobile wallet services, supporting Bahrain’s digital economy and reinforcing its vision as a fintech hub.
Through this partnership, stc pay will leverage GPS’s over 20 years of expertise in payment processing to bolster the reliability, scalability, and security of its digital payment and card services. The deal will enhance interoperability with global payment networks, ensuring smoother and more secure digital transactions for customers.
“This strategic partnership with GPS represents a significant investment in our core infrastructure,” said Metin Zavrak, CEO of stc pay. “By leveraging their deep expertise, we are enhancing our card and digital payment services, ensuring they are not only seamless but also built on a foundation of unparalleled security and reliability for the future.”
The collaboration is part of stc pay’s ongoing commitment to providing the most advanced and secure digital payment experiences for its customers. The partnership will also allow stc pay to expand its offerings, contributing to the Kingdom’s growing digital economy and fostering the continued innovation of Bahrain’s fintech sector.
Ali Arab, General Manager of GPS, highlighted the strategic nature of the collaboration: “As we expand beyond our core banking client base, we are leveraging decades of expertise to deliver secure processing services for cards and digital payments, alongside comprehensive card personalization solutions. This partnership underscores our commitment to supporting the growth of innovative digital payment ecosystems.”
This partnership also aligns with Bahrain’s broader goal of becoming a leading fintech hub in the Middle East, positioning stc pay and GPS at the forefront of the digital payment transformation in the region.
