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Eazy Financial Services B.S.C. (Eazy), the Bahraini Fin-Tech company and provider of the first biometric payment network in the region, recently signed a strategic partnership agreement with Global Payment Services (GPS), one of the leading Third Party Processors specialized in outsourcing electronic payment services globally and in the MENA region, adding GPS as a new member of eazyNet‘s Biometric Payment Network. This strategic partnership will give Eazy the advantage to scale out through GPS’s wide footprint and in return GPS will be able to expand on their existing product line and customer offerings. This comes in line with Eazy’s efforts to enable eazyNet customers to conduct facilitated payments, and benefit from using fingerprint authentication to complete payments in the Kingdom of Bahrain and abroad.
The signing ceremony, which was held at Eazy’s headquarters in Manama, was attended by Mr. Nayef Tawfiq Al Alawi, Chief Executive Officer (CEO) and Board Member at Eazy, Mr. Ali Arab, CEO of GPS, alongside a number of members of the Board and executive team from both Companies.
Over the coming months, Eazy, in collaboration with GPS, will offer premium solutions and financial products to the banking sector through eazyNet, in line the directives and strategies of the Central Bank of Bahrain that were outlined for the banking industry; using advanced technology to improve the quality of banking services provided to citizens and residents of the Kingdom. Through the partnership, Eazy strives to take the Kingdom of Bahrain to greater heights by providing the latest banking technology both locally and internationally. Correspondingly, GPS aims to improve the level of services available to its banking customers and expand the offerings of its Internet network both locally and regionally; by enabling GPS’s banking customers to perform transactions including cash withdrawals and purchases at any Point-of-Sale, both in the Kingdom of Bahrain and abroad, through the fingerprint authentication system (eazyNet®).
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