ila Bank launches an in-app “Transfer by mobile number” feature to empower customers to make payments directly by simply entering a mobile number, through a collaboration with BENEFIT’s “BenefitPay” app.
ila’s in-app “Transfer by mobile number” feature enables customers to transfer money to other ila users and those contacts with local bank Bahraini dinar accounts registered on the BenefitPay app. ila customers can also transfer money from any of ila’s seven foreign currency accounts to other ila customers using their mobile number. The newly added feature brings the convenience of BenefitPay Bahrain to the ila app and further facilitates Bahrain’s vision of promoting a cashless society.
Mohamed Al Maraj, CEO, ila Bank Bahrain, said:
“ila is on a relentless mission to deliver innovative services that enhance the overall customer experience, particularly in payments where behavioral changes are intensifying the need for fast, effortless digital payments to be accessible to customers at all times.”
“Simple, easy-to-use banking services are our ultimate goal. We constantly seek to collaborate with key fintech stakeholders and likeminded partners to transform the banking experience in Bahrain. We have a strong and ongoing partnership with BENEFIT to design services and solutions for the greater good of the Bahraini community, and I thank them for their tremendous support in bringing our “Transfer by mobile number” feature to life,” he added.
BENEFIT’s Chief Executive, Abdulwahed AlJanahi said:
“Our collaboration with ila Bank shows that BENEFIT is always looking to add value and give consumers more control when it comes to accepting and transferring payments. We always look to partner with other players in the market to transform these experiences where needed. It is crucial that we share the same vision to deliver innovative solutions and work together to enhance them as we witness changes in customer preference and habits when it comes to transacting online. The “Transfer by mobile” feature will make it easier for all ila users to send money anytime in a safe, convenient and secure manner.”
