Batelco, a Bahrain-based digital solutions provider, has joined forces with local payment services firm Arab Financial Services (AFS) to launch a new mobile wallet, dubbed bWallet.
The new solution will be available to all mobile users, irrespective of operator. The wallet can be downloaded from the App Store or Google Play Store.
The company will offer sign-on bonus to first 10,000 bWallet customers. Also, it will offer a 2% cashback offer to all merchant payments supported by the wallet till 31 March 2018.
Batelco chairman Shaikh Mohamed bin Khalifa Al Khalifa said that the new wallet aligns with Batelco’s commitment to meeting the kingdom’s 2030 vision.
Batelco Bahrain CEO Mohamed Bubashait said: “Batelco has continuously embedded innovation as central to its strategy with the aim of delivering a first class customer experience. This new service, which merges our core business of mobile communications with payment solutions, will be adapted as financial technology and customers’ needs continue to evolve.
AFS CEO B. Chandrasekhar added: “We are pleased to partner with Batelco to introduce the latest in mobile payment solutions in Bahrain. bWallet will have unique features including dynamic QR and contactless payment methods and wallet-to-wallet transfers.”
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By GlobalData