BAKU, Azerbaijan, January 22. Mastercard and STC Pay announce a strategic partnership, Trend reports.
According to STC MPEI, this collaboration is designed to enhance customer service by providing them with additional benefits that match their lifestyle and aspirations.
The collaboration expands STC MPEI and Mastercard's joint commitment to expanding Bahrain's digital payment landscape by simplifying card transactions and delivering a seamless, secure, and efficient payment path. Furthermore, it will enable STC MPEI Bahrain to launch new card products that not only meet but surpass consumer expectations in today's fast-paced digital world.
Commenting on this partnership, Nazar Banabila, CEO of STC Bahrain and Chairman of STC Play, noted that this cooperation will set new standards in the field of innovation, creating an exceptional digital payment experience.
"By combining our knowledge and experience, our users will gain access to a wide range of features and additional benefits that go beyond standard payment methods, making daily digital payments simpler, faster, and more profitable," he said.
In turn, Adam Jones, Mastercard's general manager for the MENA central region, stressed that Mastercard is committed to improving the quality of customer service.
"Mastercard, a global leader in payment innovation and technology, is committed to improving the quality of customer service, digitalizing society, and expanding access to financial services in Bahrain. Our partnership with STC MPEI Bahrain will provide a seamless digital experience and facilitate the adoption and use of digital payments in the country," he added.
Meanwhile, STC Pay is one of the leading "mobile wallets" that provides local and international transfers, prepaid cards, bill payments, offers, and more. Officially licensed by the Central Bank of Bahrain, STC Pay offers financial services that are fast, secure, and simple for modern daily life. He has played an important role in empowering the low-income expat workforce, who were previously excluded from the financial services sector, by providing them with a safe, affordable, and convenient way to meet financial needs.
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