Fri, Nov 22 2024

Visa and Bahrain's EazyPay collaborate

February 28, 2024
2 Min Reads

In an innovative collaboration, Visa, a world leader in digital payments, and Eazy Financial Services, "EazyPay," a renowned financial institution in Bahrain that specializes in Point-of-Sale (POS) and online payment gateway acquisition services, have teamed up to enable Visa Direct, a state-of-the-art funds transfer solution, for EazyPay clientele.

With the help of this innovative partnership, Visa Direct Account Funding Transaction (AFT) will be implemented for the first time in Bahrain, giving customers the ability to move money to accounts safely and easily both locally and internationally.

With the addition of Visa Direct features to EazyPay's service portfolio, users will be able to make domestic, multi-currency account deposits via Visa's wide network of regional banking partners. Customers of EazyPay may now access a world of opportunities with unmatched simplicity, speed, and security thanks to this creative collaboration.

Regarding the collaboration, Malak Alsaffar, Country Manager for Visa in Bahrain, stated: "At Visa, we are steadfast in our dedication to enabling local and international money flow for individuals and enterprises alike. We are pleased to announce that our cross-border account funding service is now available to customers in Bahrain thanks to our relationship with EazyPay. The transfer procedure from Visa AFT wallets is streamlined by this innovative digital payment technology, making it easier, faster, and more safe than ever.

The CEO and founder of Eazy Financial Services, Nayef Tawfeeq Al Alawi, said, "We are excited to work with Visa. Through this partnership, there is a great chance to completely alter the financial inclusion scene and open the door to fair and easy international money transfers. This is exactly in line with EazyPay's continuous dedication to leading the way in cutting-edge payment solutions. Collaboration, in our opinion, is the key to a flourishing financial environment since it promotes innovation, builds trust, and opens up new doors for institutions and individuals alike.

Fast and secure international payments are made possible with Visa Direct, a tribute to Visa's more than 60 years of industry experience. Through driving cutting-edge innovations and accelerating the creation of cutting-edge payment solutions, this special collaboration between EazyPay and Visa has the potential to completely transform the money transfer industry.

Leave a Comment
logo-img Fintech Newz

All Rights Reserved © 2024 Fintech Newz