Bahrain based EazyPay, a financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, has joined forces with Visa, to enable Visa Direct for EazyPay’s customer base.
This first-of-its-kind collaboration in Bahrain marks the initial deployment of Visa Direct Account Funding Transaction (AFT) solution within the nation, empowering consumers with seamless and secure fund transfers to accounts both within Bahrain and across the globe.
Upon integration of Visa Direct capabilities into EazyPay’s service offerings, customers will gain the ability to fund their accounts domestically, encompassing multiple currencies, through Visa’s expansive network of local banking partners.
Malak Alsaffar, Visa’s Country Manager – Bahrain commented on the partnership,
“At Visa, we are unwavering in our commitment to facilitating domestic and international money movement for individuals and businesses alike. Our partnership with EazyPay signifies the inaugural implementation of our cross-border account funding solution for customers within Bahrain. This groundbreaking digital payment technology streamlines the transfer process from Visa AFT wallets, rendering it faster, simpler, and more secure than ever before.”
Nayef Tawfeeq Al Alawi, Founder and CEO – Eazy Financial Services stated,
“We are thrilled to partner with Visa. This collaboration presents a significant opportunity to redefine the landscape of global financial inclusion, paving the way for seamless and equitable international money transfers. This aligns perfectly with EazyPay’s unwavering commitment to pioneering innovative payment solutions. We believe collaboration is indeed the cornerstone of a thriving financial landscape – fostering innovation, strengthening trust, and unlocking a wider range of opportunities for both institutions and individuals.”