Batelco, Arab Financial Services launch bWallet

Manama : Batelco and Arab Financial Services (AFS), a leading regional payment solutions provider, yesterday announced launching bWallet, a new digital mobile wallet and payment solution.

Batelco Bahrain CEO Mohamed Bubashait and AFS CEO B. Chandrasekhar, supported by officials from both Batelco and AFS officially launched the service at an event held at the Four Seasons Hotel Bahrain Bay. 

bWallet, according to Batelco, 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. 

Over 40 leading brands, with 300 retail outlets, have already signed up to make the service available for their customers with much 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 ensuring 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. 

AFS Chairman Sael Al Waary commented, “The launch of bWallet represents an important milestone in AFS’s strategy and is a core component in fulfilling our vision of becoming the partner of choice in facilitating payments and FinTech in the region.”

As a special introductory offer, the first 10,000 customers of bWallet will receive BD 3 sign-on bonus. In addition, 2% cashback will be offered on all merchant payments made through the bWallet until 31st March 2018.