Payment gateway channel SADAD joins Eazy Financial Services biometric payment network
Bahraini fintech company Eazy Financial Services has signed a strategic partnership agreement with payment gateway channel SADAD that will enable eazyNet customers to be able to use fingerprint biometric authentication to pay for purchases and bills at SADAD’s electronic kiosks and POS teminals across Bahrain.
“This comes in line with our efforts to provide the safest and most advanced technologies to elevate the banking services available to citizens and residents in the Kingdom of Bahrain,” commented Mr. Nayef Tawfiq Al Alawi, CEO and board member at Eazy Financial Services. “The provision 1,250 electronic platforms and 300 Points of Sale (PoS) provides our customers with an easy, quick and secure method of payment through our network, enabling us to launch innovative products that facilitate the process of conducting various banking transactions for customers.”
Dr. Mohamed Rifat Al Kashif, SADAD Electronic Systems board member added, “We are extremely excited to roll out this new phase in implementing secure payment mechanisms through SADAD; this eliminates the need for cash, cards or smartphones enabling users to perform transactions simply through fingerprint authentication.”
The biometric payment service is expected to be available at the end of the third quarter of 2019.
Earlier this month Eazy shuffled up its executive management team moving Al Alawi to CEO and promoting Waleed Bucheeri to head of operations and Dominic Francis to head of finance.