MontyPay, a global payment gateway, part of Monty Finance, the banking Fintech arm of Monty Group, is delighted to announce its new partnership with AFS Bahrain, a leading enabler for digital transaction transformation.
Two experts… One goal
MontyPay acts as a bridge between merchants and financial institutions by being an essential access point to the global market. It also helps to capitalize on global businesses by supporting worldwide currencies and different payment types.With the merchant’s needs in mind, MontyPay’s team strives to deliver a better way to optimize the customer experience. Moreover, MontyPay considers the merchants its lifetime partners and makes it its responsibility to grow with them.
For its part, AFS Bahrain specializes in three areas: card processing, fintech services, and merchant acquiring services and delivers electronic payments, outsourcing, and fintech services in the MENA region. It is also a leading provider of payments and fintech solutions to both banks and non-banking entities. With over 35 years of expertise in credit and debit card processing, EVM & contactless customization, AFS has been capitalizing on its value-added services to make major progress in the fintech and merchant acquisition area in a short period.
A strategic partnership
MontyPay’s global payment gateway is focused on enhancing the user experience and resolving pain points for both merchants and their customers by offering top-of-the-line features including online and mobile check-outs, pay-by-link and QR code options, recurring bill settlements, installments option, cryptocurrency payment, and smart routing and cascading.
Therefore, this strategic partnership is a chance for both sides to grow their businesses, leading to a collective increase in revenue. It is a real win-win situation, where both parties can benefit in many ways while offering and advocating online payments locally and globally.
That being said, this collaboration will drive further market advantages, as MontyPay will achieve fast and cost-efficient deployment of its global payment gateway in Bahrain, enabling card payments, wallet payments, and even local payments with BenefitPay (Bahrain’s national electronic wallet payment system), thus, ensuring fast, secure, and hassle-free payments.