Notice: Undefined index: Unknown in /home/arabfsc/public_html/library/shared.php on line 183
AFS - Arab Financial Services - Bahrain
Batelco and Arab Financial Services Partner to launch bWallet: A new FinTech Service
January 9, 2018
BACK TO ALL NEWS
Manama, Bahrain: Batelco, Bahrain’s leading digital services provider in line with its commitment to provide the latest world-class services for the Kingdom of Bahrain, and Arab Financial Services (AFS) the leading regional payment solutions provider and FinTech enabler have launched bWallet, a new digital mobile wallet and payment solution.
The exclusive event took place at the Four Seasons Hotel, 9th January with invited VIP’s, guests, Batelco Board Directors, Batelco management and AFS Board and Management present on the occasion. Batelco Bahrain CEO Mohamed Bubashait and AFS CEO B. Chandrasekhar, supported by officials from both Batelco and AFS officially launched the innovative service to usher in a new era of FinTech and digital evolution for the Kingdom of Bahrain.
bWallet supports Batelco and AFS’s efforts in revolutionising the way people shop. It enhances customer’s experience through innovative ways to pay and transfer money. All mobile users, regardless of operator, can benefit from this FinTech technology, which can be downloaded from the App Store or Google Play Store. A simple registration process will allow them to enjoy a fast contactless and secure payment experience.
The invitees had the opportunity to learn about the new service which was demonstrated at the launch event. Over 30 leading brands, with numerous retail outlets, have already signed up to make the service available for their customers with many more set to be onboard soon.

Batelco Chairman Shaikh Mohamed bin Khalifa Al Khalifa stated that the new service, in partnership with AFS, is in line with Batelco’s commitment to ensure the best in class digital and FinTech solutions for the Kingdom’s consumers and is another step in the journey towards meeting the Kingdom’s 2030 vision.
Batelco Bahrain CEO Mohamed Bubashait added, “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 Chairman Sael Alwaary commented, “This is another milestone for AFS as the leading regional FinTech enabler, introducing innovative payment products and supporting governments on their trajectory towards a digital economy.”

Arab Financial Services CEO B Chandrasekhar commented, “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.”


Batelco and Arab Financial Services officials and guests at the launch of bwallet