Beyon Money Business, part of the prominent Bahrain technology group Beyon, has entered into a strategic partnership with Eazy Financial Services (EazyPay), a Central Bank of Bahrain-licensed POS and online payment gateway acquirer and services provider.
The collaboration aims to create a closed-loop payment ecosystem involving EazyPay, its merchants, and Beyon Money Business, delivering a seamless and innovative payment experience to merchants across Bahrain.
The agreement introduces a co-branded POS device that integrates Beyon Money Business’s Flexi Wallet capabilities into EazyPay’s trusted POS network. This solution enables merchants to accept a wide variety of payment methods, offering customers fast, secure, and contactless payment options.
Supporting the POS device is a real-time, data-driven dashboard that empowers merchants with complete transaction visibility. Featuring a user-friendly interface and advanced analytics, businesses can monitor performance, track sales trends, and make data-driven decisions with agility.
In addition to smart payment features, the solution offers streamlined onboarding and settlement processes, allowing merchants to quickly start operations and efficiently manage their funds.
The offering also provides compelling business benefits, including faster settlement cycles, reduced dependence on traditional banking systems, and improved liquidity management.
Merchants benefit from a daily earnings growth opportunity of up to 4.5% on their Flexi Wallet balances, with the flexibility to withdraw funds anytime, transforming the POS from a simple transactional tool into a strategic financial asset.
By partnering with Beyon Money Business, EazyPay strengthens its role as a key enabler in Bahrain’s digital payments ecosystem and bolsters its competitive position in the fintech sector.
Bruce Rayner, CEO of Beyon Money, said: “Our collaboration with EazyPay marks a strategic advancement in enabling digital-first commerce for Bahrain’s business sector. By combining our advanced wallet infrastructure with EazyPay’s robust acquiring capabilities, we offer merchants a future-ready solution that simplifies operations and enhances profitability.”
Nayef Tawfiq Al Alawi, Founder, Managing Director, and CEO of EazyPay, expressed enthusiasm about the partnership: “This collaboration reflects our shared commitment to driving Bahrain’s fintech agenda and delivering impactful services to the business community. Together, we are reshaping how merchants accept payments and manage their financial operations.”
