stc Bahrain and AFS in partnership to launch next generation payment solutions across the Kingdom

SectorFinancial Services

Stc Bahrain, a world-class digital enabler, and Arab Financial Services (AFS), the MEA region’s leading digital payments and FinTech solutions provider, have partnered to launch next generation FinTech payment solutions that will support both retail SMEs and customers across the Kingdom of Bahrain. This partnership will see stc Bahrain leverage AFS state-of-the-art payments tools to rollout the all-in-one fully integrated stc Tajer PoS solution for retail businesses and SMEs. Powered by AFS, the stc Tajer PoS solution provides the flexibility to process payments, print receipts, accept online orders, manage point of sale application, delivery, and e-wallets, while lowering infrastructure investments, minimizing human errors, and making it easier for customers to transact digitally and seamlessly. The partnership also expands the stc pay network, with AFS becoming the first acquirer in Bahrain to offer stc pay acceptance across their vast network of smart Android-based, integrated PoS (point-of-sale) terminals. Thousands of new merchants will now be enabled with QR contactless payments more...