16 Days
Source:
البلاد
Mastercard and stc pay Bahrain expand digital payment support
The article focused on Mastercard's efforts to strengthen its collaboration with stc pay Bahrain to support the growth of digital payments among small and medium-sized enterprises in the kingdom. The partnership includes developing and expanding digital wallet solutions, such as the Mastercard Business prepaid card, aimed at simplifying payment management and expense control in a secure and transparent manner. This reflects a growing reliance on digital payments, with 96% of small and medium-sized business owners in Bahrain considering these methods essential for their business growth, amid a trend toward increasing acceptance and expanding use of digital payments across various channels. This initiative is part of efforts to empower the private sector to fully benefit from the digital economy, with expectations of regional expansion and enhancements to digital financial solution products.
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