stc pay, Bahrain’s leading mobile wallet, has been recognized in the Fintech – Telecommunications category at the Middle East Technology Excellence Awards 2025. The award underscores the platform’s contribution to advancing Bahrain’s digital economy and its commitment to delivering secure, inclusive, and innovative financial services.
Licensed by the Central Bank of Bahrain, stc pay has rapidly established itself as a key player in the fintech sector. Its services include local and international money transfers, bill payments, prepaid cards, and payroll solutions. Among its flagship initiatives are a collaboration with the Labour Market Regulatory Authority (LMRA) to provide instant IBAN-linked wallets for expatriates, a Wage Protection System-compliant payroll service now adopted by more than 100 companies, and exclusive Mastercard offerings such as the Elite Card and Family Cards. The platform also supports Apple Pay, Samsung Pay, and Google Pay, enabling seamless contactless payments.
Eng. Khalid Al Osaimi, Chairman of stc pay and CEO of stc Bahrain, highlighted the company’s broader vision: “stc pay is more than just a mobile wallet – it is part of our vision for a cashless Bahrain, in line with the Kingdom’s digital transformation strategy. We will continue to innovate and collaborate with our partners to make digital financial services even more inclusive and convenient for all.”
By blending telecommunications expertise with cutting-edge fintech solutions, stc pay continues to strengthen its role in Bahrain’s digital transformation journey and reinforce the Kingdom’s position as a leader in regional digital payments.
