STC Bahrain Makes Cryptocurrency Advancement
by: BTM - Mon, 02 Jan 2023
stc Bahrain has become the first telecom operator in the Kingdom to accept cryptocurrencies. The company has partnered with Eazy Financial Services, a leading Bahraini Payment Services provider specialising in POS and online payment gateway, which will allow stc customers to pay with cryptocurrencies using their Binance wallet.
stc Bahrain CEO Nezar Banabeela, said: “Rapid digitisation across the globe is transforming all aspects of our lives, and payments are the most crucial element. From online shopping and streaming videos to money transfers, almost every digital activity relies on a payment system.”
stc Bahrain customers can securely use Binance Pay to pay for products and services, in real-time with cryptocurrency, by scanning the QR from Eazy’s POS using their Binance App and paying with their preferred cryptocurrency.
Eazy Financial Services licensed by the Central Bank of Bahrain specialises in point-of-sale (POS) and online payment gateway acquiring solutions. The institution partnered with Binance in September to allow the acceptance of cryptocurrency payments using Binance Pay at over 5,000 of EazyPay’s POS Terminals and Online Payment gateaways across the Kingdom.
Tags #bahrain telecom news #central bank of bahrain fintech #fintech bahrain #cryptocurrency acceptance bahrain #digital payments gulf #telecom innovation bahrain #binance pay bahrain #crypto payments bahrain #stc bahrain cryptocurrency #btm january 2023 #bahrain business bites #business bite #bahrain business news
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