Bahrain Fintech Expansion: Bahrain Beyond Money Business Forms Strategic Alliance with EazyPay

The fintech ecosystem in Bahrain is still at its growth phase as Bahrain Beyond Money Business signs a strategic partnership with EazyPay to increase digital payment systems in the Kingdom. The collaboration is aimed at the incorporation of advanced digital wallet services into a well-developed POS system, which will allow merchants to provide quicker and safer payment experiences and more convenient ones. Through innovation and existing payment networks, Bahrain Beyond Money Business and Eazy Pay will assist in supporting SMEs, enhancing financial inclusion, and making Bahrain a regional hub of digital payments.

Strengthening Digital Payment Infrastructure in Bahrain

The strategic partnership between Bahrain Beyond Money Business and EazyPay will be a milestone of the shift of Bahrain to a cash-lite economy. The digital wallet solutions provided by Beyond Money Business can be easily connected to the POS network of EazyPay through this partnership, thereby enabling all merchants to receive wallet-based payments along with the usual card transactions.

This integration is one that guarantees the ease of transaction processing, the high level of security standards, and accelerated settlements. The unified system has gained the advantages of making the payment acceptance easier to the merchants besides customer satisfaction.

Read more: Bahrain Fintech Boom: The Kingdom Leading a New Banking Era

Key Benefits for Merchants and SMEs

Expanded Payment Options

Merchants using the services of EazyPay can now accept payments made using Bahrain Beyond Money Business digital wallets, as the platform has a wide reach of POS. This has enabled businesses to serve a wider range of customers without necessarily falling behind in their payment needs which are constantly changing with time.

Real-Time Business Insights

The partnership gives merchants access to real-time transaction data, reporting dashboards and analytics tools. The features allow the business to keep track of the sales tendencies, to learn how to manage the cash flow, and to make efficient decisions based on the data.

Quicken Settlement and Workflow

Through optimised settlement cycles with the help of the financial technology of Bahrain Beyond Money Business and the infrastructure of EazyPay, delays are minimised and liquidity is enhanced to merchants. The streamlined onboard process also helps SMEs to go digital in payments fast.

Supporting Bahrain’s Digital Economy Vision

This collaboration is an expression of the bigger picture of Bahrain to enhance fintech innovation and digital transformation. Bahrain Beyond Money Business remains a crucial player in the development of digital financial services, and EazyPay weakens its status as one of the largest payment solutions providers.

Bahrain Beyond Money Business and EazyPay are collectively creating a more connected, efficient and future-ready payment ecosystem that facilitates the growth of business and diversification of the economy in Bahrain.