National Bank of Kuwait (NBK)-Bahrain has announced a strategic collaboration with Arab Financial Services (AFS) to provide point-of-sale (PoS) services to its corporate clients. AFS is a leading merchant acquirer in Bahrain and a regional provider of digital payment solutions and fintech services.
The AFS payment acceptance solutions offer access to state-of-the-art tools for payment and are the first smart Android-based, integrated PoS terminals in Bahrain. The value-added benefits of AFS include acceptance of all major card schemes, multi-lane integration for hypermarkets, dynamic currency conversion, loyalty programmes, easy payment plans, analytics, bill payment and merchant lending.
The partnership with AFS will enable NBK to offer its corporate clients advanced technology that facilitates payment operations and contributes significantly to the progressive expansion of digitised payments. Ali Fardan, General Manager of NBK-Bahrain, expressed his pleasure at the partnership and stated that the integrated payment solutions will support local payment systems and push financial technology as NBK seeks to serve its corporate clients with the latest and smartest payment methods.
