stc pay, Bahrain’s leading mobile wallet, has announced a strategic partnership with the Labour Market Regulatory Authority (LMRA) to improve the onboarding experience for expatriates arriving in Bahrain. This initiative provides new expat employees with an International Bank Account Number (IBAN) linked to their stc pay wallet, facilitating wage payments and simplifying the settlement process.
Bahrain is renowned for its secure working conditions, easy access to services, and advanced digital infrastructure. The partnership with stc pay, a comprehensive financial solution provider, will enhance these strengths by offering an optional IBAN to expatriate workers. This ensures accessible banking solutions for wage payments, protecting the rights of all parties involved.
H.E. Nibras Talib, CEO of LMRA, emphasized the importance of this collaboration in improving the work environment and safeguarding worker rights. Eng. Khalid Al Osaimi, Chairman of stc pay, highlighted the company’s commitment to leveraging technology to support Bahrain’s digital transformation and enhance the expatriate experience.
This partnership will not only improve the onboarding experience for expatriates but also bolster Bahrain’s digital infrastructure, support businesses, and foster entrepreneurship.
