CrediMax and Payment International Enterprise (PIE) have recently partnered up to allow MaxWallet QR payments to be accepted on all PIE mPOS devices. This collaboration will expand MaxWallet acceptance across Bahrain and will be available on PIE’s mPOS devices, currently present in 1,500 points covering all major SMEs throughout the Kingdom.
Mr. Yousif Ali Mirza, Chief Executive of CrediMax said: “We are happy to announce this tie-up with PIE and are confident that with the launch of this new service, it will encourage a new trend of payment habits to further enrich our customer’s payment experience. MaxWallet is one of many digital payment solutions offered by CrediMax with the sole aim of enhancing payment process to minimal time for both our Merchants and Cardholders. ”
Mr. Fawaz Ghazal, Chief Executive Officer of PIE commented: “These types of partnerships show PIE’s commitment to advance the use of cashless payment methods, as there are necessary steps we need to take to enable financial inclusion, and this is just one of them. Our tie up with CrediMax will accelerate and facilitate a greater flow of payments, and offer additional choices for innovative payment services.”
PIE is leading various initiatives driving a shift towards payment solutions powered by digital innovation. CrediMax’s MaxWallet solution being increasingly available via PIE’s mPOS devices will help towards achieving broader financial inclusion, and empowering SMEs by meeting their needs with sustainable, and affordable financial products.
About Payment International Enterprise (PIE)
Payment International Enterprise (PIE) is one of the first and largest /fintech companies in Bahrain, licensed by the Central Bank of Bahrain as a Payment Service Provider, Card Issuer and eWallet and eMoney Issuer. PIE founders are serial entrepreneurs in the MENA region since early 1900’s where they started and founded several trade, real state, pharmaceutical, financial service, and e-commerce establishments. PIE has a vast experience in distribution services and building new products and services to meet MENA region needs for innovative, reliable, and efficient financial products for the masses. Their mission is to enhance the financial inclusion by working with banks, Telco’s, and distribution networks to provide effective efficient financial services that enable customers to reduce their cash dependence.
CrediMax B.S.C. © is the first and leading Credit Card Issuer and Acquirer in the Kingdom of Bahrain, providing high quality products and services for its Cardholders and Merchants. CrediMax B.S.C. © continuously ensures the application of effective processes and procedures across the company, maintaining compliance and protects the company’s assets as well as obtain advanced technology and security systems to protect its customer database and sustain trusting and lasting partnership with its Cardholders and Merchants.
CrediMax MaxWallet is a virtual wallet application stored in your mobile device allowing customers to pay for their purchases using their mobile device without presenting their physical credit cards.
A mobile wallet is a way to carry your credit card information in a digital form on your mobile device. Instead of using your physical plastic card to make purchases, you can pay with your smartphone using QR code.
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© Press Release 2019