FinTech Focus

New terminals installed for Bahrain’s leading merchants

February 20 - 26, 2019
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Gulf Weekly New terminals installed for Bahrain’s leading merchants

Gulf Weekly Stan Szecowka
By Stan Szecowka

Arab Financial Services (AFS), a payment solutions provider and FinTech enabler, has recently installed the first Android-based POS terminals in Bahrain, through its merchant acquiring services.

AFS is also rolling out this new, market-leading technology across the region and is already live with banks in Oman and Bahrain. AFS’ portable Android POS devices give merchants and customers access to state-of-the-art tools for payment that can easily integrate with merchant’s existing platforms.

These all-in-one payment solutions will be able to support international and domestic payment schemes and FinTech payment options including contactless cards, NFC, QR, biometric, Apple Pay, Samsung Pay and mobile wallets such as AFS’ award-winning bwallet.

B Chandrasekhar, CEO of AFS, said: “AFS has taken a significant step forward in the merchant acquiring business – shaping the future of payments acceptance and leveraging our expertise to deliver the solutions of choice for businesses and consumers.”

AFS serves more than 75 clients across the financial sector in more than 21 countries. It is owned by 39 banks and financial institutions and regulated by the Central Bank of Bahrain.







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