Mastercard has partnered with Bahraini fintech and payment service provider Eazy Financial Services to provide SMEs and micro merchants with digital payment tools and access to financial services that will accelerate inclusive economic growth in Bahrain. “Partnering with fintechs as a single technology provider is an important part of how we help to reshape and advance the digital payments landscape,” said Mastercard Country Manager, Saudi Arabia, Bahrain, and Levant, J.K. Khalil.
The partnership will also support the expansion of Eazy’s services, as well as improve access, opportunities and connections within the country’s digital payments ecosystem. “Our aim is to add value, and Mastercard’s seamless payments technology solutions gives us the opportunity to do that,” said Eazy Financial Services Founder and CEO, Tawfeeq Al Alawi.
In March 2021, Eazy obtained its POS & Online Acquiring license from the Central Bank of Bahrain and launched its new Software point of sale Application (SoftPOS) solution called “EazyPay” which allows Local Merchants & SMEs in the market to accept Contactless Payments supporting to extend the acceptance of an untapped segment of merchants.
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