stc Bahrain and Arab Financial Services have partnered to launch next generation FinTech payment solutions that will support both retail SMEs.
stc Bahrain leverage AFS state-of-the-art payments tools to rollout the all-in-one fully integrated stc Tajer PoS solution for retail businesses and SMEs. Powered by AFS, the stc Tajer PoS solution provides the flexibility to process payments, print receipts, accept online orders, manage point of sale application, delivery, and e-wallets.
With a VAT-enabled integrated payment solution developed by AFS, stc Bahrain will be supporting retail companies, including pharmacies, restaurants, cafes, salons, gyms, and others, with the stc Tajer PoS solution, providing them with the flexibility to streamline their financial transaction processes into one system.
Eng. Nezar Banabeela, stc Bahrain CEO, said:
“We are pleased to partner with AFS, enabling us to drive technology innovation and support Bahrain’s business sector and the community at large. Our partnership will widen the scope for us to achieve the desired growth and development while providing the opportunity to expand the scope of our digital financial transaction by providing integrated financial services. On the macro level, this partnership will enhance economic digitalisation and transform the way businesses conduct their operations, and the local community engages in contactless services for their varied needs.”
Samer Soliman, AFS CEO, said:
“stc Tajer PoS solution, powered by AFS, will eliminate the need for SMEs to handle multiple suppliers and hardwares. With this partnership, we are streamlining merchant supply chains and giving them the technical solutions to accelerate and grow their business. Another level of this partnership will see AFS become the first acquirer in Bahrain to offer stc pay acceptance via our network of state-of-the-art PoS terminals. This will further support our merchants in conducting greater transactions and catering to the stc pay customer base. Joining forces with stc Bahrain is the first step in demonstrating our approach towards innovation and collaboration to better serve our customers with smart tools that enhance everyday transactions.”
