As BENEFIT and Ant International introduce Alipay in Bahrain, the Global E-Wallet Connectivity network gets more powerful. With the help of the partnership, digital payments will be more accessible, and the use of mobile wallets will increase. Additionally, it broadens the reach of global e-wallet services to both visitors and residents. The two companies see Global E-Wallet Connectivity as their primary theme for the next step of their development.
Through a partnership with Ant International, Bahrain’s leading digital payment network, BENEFIT, has enabled the local merchants to accept Alipay in a hassle-free manner. Therefore, merchants are now able to reach Alipay users via a safe and unified payment infrastructure. The program also aligns with Bahrain’s comprehensive plan for financial innovation. Global E-Wallet Connectivity gets a significant local presence through this rollout.
BENEFIT and Ant International Expand Alipay Access to Boost Global E-Wallet Connectivity
The companies planned the connection to provide smooth borderless payment capabilities. Furthermore, the cooperation guarantees that the digital transactions will be secure and in line with the regulations at the locations where the customers shop. The execution of such practices gives businesses an edge to improve the customer experience and to make their everyday tasks more efficient. Additionally, the action gives rise to further usage of international e-wallets by the public.
The two entities have put their finger on the digital transformation as being a vital issue. They also said that Bahrain is on the move and is continually upgrading its payment technologies. Consequently, the event is at the heart of the country’s effort to sustain fintech collaborations on a global scale. Besides that, the project helps reposition Bahrain as a regional hub for the latest payment methods. Global E-Wallet Connectivity is identified as one of the main contributors to the local economy and tourism growth.
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News Source: Businesswire.com
