stc pay, Bahrain’s leading mobile wallet for digital financial transactions, has partnered with Mastercard Move to offer secure and efficient remittances to Alipay, China’s leading digital platform under Ant Group. This makes stc pay the first company in Bahrain to facilitate secure international money transfers to Alipay.
This collaboration builds on Mastercard Move’s earlier integration with Alipay, enabling fast, safe, and secure remittances between the two countries. The initiative is a key step in enhancing stc pay’s portfolio and supports Bahrain’s growing business cooperation with China, providing consumers and businesses with a reliable remittance service.
Eng. Khalid Al Osaimi, Chairman of stc pay and CEO of stc Bahrain, stated, “By leveraging our strategic relationship with Mastercard and its global network, stc pay is expanding its digital ecosystem. This collaboration enhances choice and flexibility for our customers, empowering them with secure international money transfers.”
Onur Kursun, Head of New Payment Platforms at Mastercard, emphasized the significance of the partnership in providing greater convenience and fostering digital inclusion. He noted that the collaboration is a major milestone in facilitating fast and efficient cross-border payments between Bahrain and China.
Mastercard Move is a comprehensive suite of money transfer capabilities, enabling over 180 countries and 150+ currencies for domestic and international transactions. By utilizing this platform, stc pay continues to be the only mobile wallet in Bahrain offering a full range of digital financial services.
