AFS and Al Wafa Bank partner for payments processing services

AFS and Al Wafa Bank partner for payments processing services

Manama, Kingdom of Bahrain: Arab Financial Services (AFS) has signed an agreement with Al Wafa Bank, Libya to provide prepaid card processing services and a range of digital payments value-added services to the Bank. As the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, AFS’s partnership with Al Wafa Bank will support the Bank’s digital transformation ambitions with AFS sponsoring a prepaid card program for Al Wafa Bank’s clients that will allow them to offer more services and explore more payment use cases for their ecosystem.

AFS is the leading enabler for digital transaction transformation, as it is supporting the regional payments landscape and serving the needs of a wide variety of banks and financial institutions with its digital platform.

On this occasion, Samer Soliman Arab Financial Services (AFS) CEO said: “This is a great partnership as it marks our entry into the Libyan market. Al Wafa Bank’s ambitions are to drive and expand the provision of banking services, keeping pace with latest digital payments advances. AFS is the first choice when it comes to executing on and growing together with its clients across different segments.”

Established in 2004, Al Wafa Bank is committed to enhancing its