Batelco and AFS to Launch New Mobile Payment Solution

Batelco and AFS to Launch New Mobile Payment Solution

Batelco and Arab Financial Services (AFS) have launched a new digital mobile wallet bWallet in the kingdom. It’s a new payment solution for the people of Behrain. Batelco and AFS to Launch New Mobile Payment Solution

The launch of this new payment solution held at the Four Seasons Hotel Bahrain. The operator Batelco Board Directors, Batelco management and AFS Board and Management were present on the occasion.

Batelco Bahrain CEO Mohamed Bubashait and AFS CEO B Chandrasekhar, together with officials from both Batelco and AFS, officially launched the innovative service to usher in a new era of FinTech and digital evolution in Bahrain.

Batelco and AFS to Launch New Mobile Payment Solution

According to the operator, all the mobile users regardless of operator, can benefit from this technology. bWallet is a revolution to pay and transfer money. bWallet can be downloaded from the App Store or Google Play Store.

Over 40 leading brands, with 300 retail outlets, have already signed up to make the service available for their customers with many more set to be onboard soon.

According to Batelco chairman Shaikh Mohamed bin Khalifa Al Khalifa, the new service, in partnership with AFS, is in line with Batelco’s commitment. It will ensure the best in class digital and FinTech solutions for the kingdom’s consumers. It is a better step in the journey towards meeting the kingdom’s 2030 vision.

Batelco Bahrain CEO Mohamed Bubashait added:

Batelco has continuously embedded innovation as central to its strategy with the aim of delivering a first class customer experience. This new service, which merges our core business of mobile communications with payment solutions, will be adapted as financial technology and customers’ needs continue to evolve.

Batelco and AFS to Launch New Mobile Payment Solution

AFS Chairman Sael Al Waary said:

The launch of bWallet represents an important milestone in AFS’s strategy and is a core component in fulfilling our vision of becoming the partner of choice in facilitating payments and FinTech in the region. AFS is dedicated to investing in the development of cutting-edge FinTech infrastructure and products to provide innovative solutions for our partners and their customers. We are honored to have established this landmark partnership and wholly committed to support the Kingdom of Bahrain in realising its vision of becoming a cashless society.

AFS CEO B Chandrasekhar said:

We are pleased to partner with Batelco to introduce the latest in mobile payment solutions in Bahrain.  The bWallet will have unique features including dynamic QR and contactless payment methods and wallet-to-wallet transfers.

The first 10,000 users of bWallet will get BD3 sign-on bonus as a special offer. In addition, 2 per cent cashback will be offered on all merchant payments made through the bWallet until March 31.

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