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Batelco Partners with NBB to Provide eCommerce & Electronic Payment Services

Manama, Bahrain: Batelco, Bahrain's leading integrated communications provider has announced its partnership with NBB, Bahrain's National bank to provide eCommerce and Electronic Payment services for the bank's clients and any potential eCommerce merchants. Batelco is committed to supporting Bahrain's endeavours to be a leader in the region's eCommerce market and accordingly Batelco is keen to establish relationships with leading financial houses as they form the core of the eCommerce trade and enable businesses to establish and grow.

The eCommerce Payment Gateway is an electronic payment processing service which allows merchants to accept payments for products & services sold online or through any electronic means, giving merchants the advantage of electronic reporting, automatic refunding and additional required benefits.

The strategic new partnership will establish NBB as a new eCommerce acquirer in Bahrain and also strengthen Batelco's position as a technology leader being an eCommerce and ePayments services provider. Currently, Batelco and NBB provide Credit Card ePayments processing as part of the partnership and have plans to further extend the payment portfolio to include processing of other cards to existing and new merchants.

Batelco General Manager Enterprise Division Adel Daylami said that this partnership will be the beginning of many future joint campaigns that aims at providing added value to the market.

"The partnership between the two giant entities in the banking and telecom sector will benefit both organisations and strengthen the brand equity of both partners as it will provide an enhanced economical payment gateway for merchants," he added.

NBB General Manager, Domestic Banking Group, AbdulAziz A Al Ahmed said that the Bank is delighted to be embarking on a new partnership with Batelco.

"NBB already offers its services through the largest network of branches and ATMs in the Kingdom. It has always been our constant endeavour to further enhance our services to make them more convenient for our valued customers and merchant partners. We are very excited to extend our services to facilitate on-line payments, through our partnership with Batelco."

"NBB has been a trusted brand for over 50 years and has always been at the cutting edge of banking and financial services' innovation. With this alliance of two strong brands, we ensure added value for our customers and that is our goal," Mr. Al Ahmed added.

By working cooperatively, Batelco and NBB are confident that they can achieve their goals to deliver competitive advantages and add more convenience for the customers of both organisations.

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This press release has been issued by Batelco Corporate Affairs department.

For further information, please contact Batelco Public Relations Office
Public.Relations@btc.com.bh / Fax +973 17611898

About Batelco
Batelco Group, listed on the Bahrain Bourse, is the leading integrated communications' provider in the Kingdom of Bahrain and a company of reference among the region's key telecommunications players for innovation and customer experience.

Batelco serves both the corporate and consumer markets in the most liberalised and competitive environment in the Middle East region. It delivers cutting-edge fixed and wireless telecommunications services to its customers in Bahrain, Kuwait, Saudi Arabia, Jordan, Yemen, Egypt and India.

The Batelco Group of companies offers end-to-end telecommunications solutions for its residential, business and government customers in Bahrain on Next Generation, all IP fixed and 3.5G wireless networks, MPLS based regional data solutions and, GSM mobile and WiMax broadband services across the countries in which it operates.

© Press Release 2012