MANAMA: Arab Financial Services (AFS) and PaySky Solutions (PaySky) have signed a partnership agreement to deliver a full payments acceptance solution to businesses via the AFS Pay app.
The AFS Pay app is a digital merchants payment acceptance platform that will transform merchant smartphones into a virtual point of sale POS terminal.
The app enables businesses to accept electronic payments, online and in-person (via any Android mobile phone or tablet), eliminating the need to invest in a physical device.
In addition to scanning a credit card in-store (Tap and Pay), AFS Pay allows remote payments for home deliveries by generating payment links that can be shared via social media such as WhatsApp, Facebook Messenger, SMS and email.
Merchants also benefit from full visibility on transactions through a dashboard interface in the app.
“We are glad to partner with innovative Fintech partners like PaySky, who deploy unique innovations and the latest technologies to deliver efficient digital payments platforms to empower various payments value chain stakeholders,” said Samer Soliman, chief executive of AFS.
Mr Soliman
PaySky Payment Solutions founder and CEO Waleed Sadek said, “We are proud of our partnership with AFS, our collaboration will enable AFS and its customers to harness the power of digital payment solutions, realising our commonly sought goals of financial inclusion and digital transformation.
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