Arab Financial Services (AFS) and PaySky Solutions (PaySky) have signed a key agreement to deliver AFS Pay, Bahrain’s first full payment acceptance solution for businesses.

 

The AFS Pay app is a digital merchant payment acceptance platform that will empower AFS’s network of merchants by transforming their smartphones into virtual payment terminals.

 

The app enables businesses to seamlessly and cost-effectively accept electronic payments, online and in-person, eliminating the need to invest in a physical device.

 

In addition to scanning a credit card in-store (Tap and Pay), AFS Pay allows remote payments for home deliveries by generating payment links that can be shared via social media such as WhatsApp, Facebook Messenger, SMS and email. Merchants will also benefit from full visibility on transactions through an easy to use and easy to navigate app dashboard interface. 

 

“The launch of AFS Pay brings us one step closer to realising our vision of full digitisation of payment services, an agenda that AFS is endorsing and promoting across the Mena region. We are glad to partner with Fintech partners like PaySky to deploy unique innovations and the latest technologies to deliver efficient digital payments platforms to empower various payments value chain stakeholders,” Samer Soliman, the CEO of AFS, said.

 

Waleed Sadek, Founder and CEO of PaySky Payment Solutions, said the partnership with AFS will enable AFS and its customers to harness the power of digital payment solutions, realising their commonly sought goals of financial inclusion and digital transformation. –Tradearabia News Service