Eazy Financial Services (EazyPay) has partnered with Mastercard to introduce Mastercard Receivables Manager, a cutting-edge platform aimed at accelerating digital transformation in Bahrain’s financial services sector. The solution optimizes virtual card transactions and automates receivables for merchants, replacing manual processes with seamless, straight-through payment flows.
Designed for simplicity and scalability, Mastercard Receivables Manager requires minimal integration and operates without the need for APIs. It enables merchants to capture virtual card payments automatically, process them end-to-end, and reconcile remittance data within their accounting systems—significantly enhancing operational efficiency, working capital management, and cash flow.
With global B2B virtual card spending expected to surpass $14 trillion by 2029 and overall B2B payments forecasted to exceed $213 trillion by 2032, this launch positions Bahrain as a regional fintech innovation hub. EazyPay and Mastercard plan to expand the platform across sectors and markets, focusing on continuous innovation and empowering merchants with seamless financial experiences.
Nayef Tawfeeq Al Alawi, Founder and CEO of EazyPay, highlighted that the platform strengthens the B2B payments ecosystem and supports businesses in simplifying operations and enhancing customer experience through digital payment solutions.
