Ithmaar, Batelco, AFS partner to launch m-payment service

Ithmaar Bank, a Bahrain-based Islamic retail bank, has signed a memorandum of understanding with Batelco, Bahrain’s leading telecom provider, and Arab Financial Services (AFS), one of the region’s leading electronic payments outsourcing service providers, to launch the kingdom’s first mobile payment service. The official launch of this newly introduced service will take place on January 12.

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