AFS Launches State-of-the-Art Android-based POS Terminals in Bahrain
February 11, 2019
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Manama, Kingdom of Bahrain 11 February 2019: Arab Financial Services (AFS), the MEA region’s leading payment solutions provider and FinTech enabler, has recently installed the first Android-based POS terminals in Bahrain, through its merchant acquiring services. This comes as part of the company’s mission to provide innovative merchant acquiring solutions that revolutionize the business of payments and further develop the region’s future financial landscape.
Manama, Kingdom of Bahrain 11February 2019:  Arab Financial Services (AFS), the MEA region’s leading payment solutions provider and FinTech enabler, has recently installed the first Android-based POS terminals in Bahrain, through its merchant acquiring services. This comes as part of the company’s mission to provide innovative merchant acquiring solutions that revolutionize the business of payments and further develop the region’s future financial landscape.
 
AFS is also rolling out this new,market-leading technology across the region and is already live with banks in Oman and Bahrain. AFS’ portableAndroid POS devices give merchants and customers access to state-of-the-art tools for payment that can easily integrate with merchant’s existing platforms.These all-in-one payment solutionswill be able to support international and domestic payment schemes and FinTech payment options including contactless cards, NFC, QR, biometric, Apple Pay, Samsung Pay and mobile wallets (such asAFS’ award-winning mobile payments solution,bwallet).
 
Mr. B Chandrasekhar, Chief Executive Officer of AFS said: “AFS has taken a significant step forward in the merchant acquiring business - shaping the future of payments acceptance and leveraging our expertise to deliver the solutions of choice for businesses and consumers. We are dedicated to investing in the development of cutting-edge payments and FinTech infrastructure and products to provide innovative solutions for businesses. We look forward to delivering a new, technology-driven solution that will appeal to, and benefit, a broad spectrum of merchants across Bahrain while further supporting the Kingdom’s vision of becoming a digital economy.”
 
AFS serves over 75 clients across the financial sector in more than 21 countries. It is owned by 39 banks and financial institutions and regulated by the Central Bank of Bahrain. The company offers innovative and end-to-end payment services and solutions that span card processing, merchant acquiring, FinTech and a state-of-the-art value-added services suite. AFS has offices and data centers in Bahrain, UAE and Oman, and was the first processor in the region to become Payment Card Industry Data Security Standard (PCI DSS) 3.2 certified. Recipient of several global awards, AFS has most recently been recognized as of ‘The Most Innovative FinTech Solution Provider 2018’ at the GCC Enterprise Awards 2018 and ‘Best Payment Service Provider – Bahrain 2017’ by Global Banking and FinanceReview.

 
About AFS:
Established in 1984, Arab Financial Services (AFS) is the MEA region’s leading payment solutions provider and FinTech enabler.
 
The company offers innovative and end-to-end payment services and solutions that span card processing, merchant acquiring, FinTech and a state-of-the-art value-added services suite.
 
Focused on introducing innovative payment products and cutting edge FinTech solutions that support governments on their trajectory towards a digital economy, AFS can empower businesses by exploring and investing in superior technologies that help shape the future of financial experiences and how they are conducted: anytime, anywhere and anyhow.
 
In 2018, AFS introduced bwallet to the region - the first mobile wallet facilitating peer-to-peer and cashless transactions. Today, bwallet has established itself as the market leader with a significant user and merchant footprint across the Kingdom of Bahrain. EasyPay was another first from AFS - Bahrain’s first NFC payment service allowing payments with a tap of the mobile. Other innovations rolled out by AFS have been electronic KYC, Peer-to-Peer (P2P), Peer-to-Merchant (P2M), QR enabled payments, Tokenization, Remittance, WPS and Digital Banking solutions. 2018 alsosaw AFS launch merchant acquiring services to banks in both Bahrain and the Sultanate of Oman including end-to-end platform, settlement, eCommerce and integrated POS devices supporting contactless cards, NFC, QR and other forms of payment acceptance.
 
Serving over 75 clients across the financial sector in more than 21 countries, AFS is owned by 39 banks and financial institutions and regulated by the Central Bank of Bahrain.
 
AFS has offices and data centers in Bahrain, UAE and Oman, and was the first processor in the region to become Payment Card Industry Data Security Standard (PCI DSS) 3.2 certified.
 
Recipient of several global awards, AFS has most recently been recognized as of ‘The Most Innovative FinTech Solution Provider 2018’ at the GCC Enterprise Awards 2018and ‘Best Payment Service Provider – Bahrain 2017’ by Global Banking and FinanceReview.
 
For further information visit www.afs.com.bh.
 
Media enquiries about AFS and its subsidiary companies can be directed to:
Name: Azza Mubarak Matar
Title: Head of Corporate Communication
Email: pr@afs.com.bh
Telephone: +973 1729 9711 / 3840 7611