Manama, Kingdom of Bahrain: bwallet, the Kingdom of Bahrain’s leading digital mobile wallet and the first of its kind to provide peer-to-peer money transfer, has joined forces with Al Hilal Hospital. Patrons of any of the hospital’s 3 branches across Bahrain can now enjoy fast, convenient and secure cashless payments via any smartphone instead of cash or card.

bwallet is a consumer-friendly digital wallet that was launched in 2018 by Arab Financial Services (AFS), the region’s foremost FinTech enabler, in partnership with Batelco, Bahrain’s leading digital solutions provider. Speaking of the partnership with Al Hilal Hospital, B. Chandrasekhar, Chief Executive Officer of AFS said: “We are delighted to welcome Al Hilal Hospital to the growing bwallet family and support their goal of transforming the overall customer experience with bwallet delivering a convenient way to pay and manage healthcare bills. At AFS, our goal is to make the process of paying bills entirely stress-free, convenient, frictionless, secure, engaging and transparent – we believe customers will appreciate this in their dealings with Al Hilal Hospital, avoiding the need to withdraw cash in emergency situations. Additionally, bwallet is optimized for a mobile audience, meaning that users of any smartphone and subscribed to any telecommunications operator can use it.”

Batelco General Manager Enterprise Abderrahmane Mounir said, “Technology is playing an increasingly important role in the healthcare sector by including in their portfolio many solutions that support the growing needs of medical establishments. The availability of a digital financial solution, bwallet, will boost the range of convenient services and enhance the relationship between Al Hilal Hospital and its clientele.”

Al Hilal Hospital Group Chief Executive Dr Sharath Chandran said: “Al Hilal has always been at the forefront to embrace technology to enhance our care delivery model by investing in the latest medical technology. This association with bwallet is also aimed at ensuring that all our customers have quick and easy transactions across all our centers in Muharraq, Manama, Riffa and Salmabad. We will also be launching specific offers for bwallet customers regularly and look forward to serving more residents in the Kingdom."

bwallet has already been rolled out across leading retail businesses, cinemas, hotels, F&B and entertainment outlets throughout the Kingdom and is being utilised daily by an ever-growing customer base. bwallet is one of AFS’s many FinTech solutions geared towards supporting the Kingdom’s growing digital economy and supporting the move to a cashless digital society. bwallet users can simply scan a QR code for seamless transactions and enjoy quick, secure and easy cashless payments with exclusive benefits through their mobile phones.

Further information about bwallet and its offers and exclusive cashback promotions can be found by visiting Batelco.com. Download the free bwallet mobile app at GooglePlay or Apple’s App Store.

About AFS:

Established in 1984, Arab Financial Services (AFS) is the MEA region’s leading payment solutions provider and FinTech enabler.

The company offers innovative and end-to-end payment services and solutions that span card processing, merchant acquiring, FinTech and a state-of-the-art value-added services suite.

Focused on introducing innovative payment products and cutting edge FinTech solutions that support governments on their trajectory towards a digital economy, AFS can empower businesses by exploring and investing in superior technologies that help shape the future of financial experiences and how they are conducted: anytime, anywhere and anyhow.

In 2018, AFS introduced bwallet to the region - the first mobile wallet facilitating peer-to-peer and cashless transactions. Today, bwallet has established itself as the market leader with a significant user and merchant footprint across the Kingdom of Bahrain. EasyPay was another first from AFS - Bahrain’s first NFC payment service allowing payments with a tap of the mobile. Other innovations rolled out by AFS have been electronic KYC, Peer-to-Peer (P2P), Peer-to-Merchant (P2M), QR enabled payments, Tokenization, Remittance, WPS and Digital Banking solutions. 2018 also saw AFS launch merchant acquiring services to banks in both Bahrain and the Sultanate of Oman including end-to-end platform, settlement, eCommerce and integrated POS devices supporting contactless cards, NFC, QR and other forms of payment acceptance.

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

AFS has offices and data centers in Bahrain, UAE and Oman, and was the first processor in the region to become Payment Card Industry Data Security Standard (PCI DSS) 3.2 certified.

Recipient of several global awards, AFS has most recently been recognized as of ‘The Most Innovative FinTech Solution Provider 2018’ at the GCC Enterprise Awards 2018 and ‘Best Payment Service Provider – Bahrain 2017’ by Global Banking and Finance Review.

For further information visit www.afs.com.bh

Media enquiries about AFS and its subsidiary companies can be directed to:

Name: Azza Mubarak Matar

Title: Head of Corporate Communication

Email: pr@afs.com.bh

Telephone: +973 1729 9711 / 3840 7611

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.