stc Bahrain has become the first telecom operator in the Kingdom to accept cryptocurrencies. The company has partnered with Eazy Financial Services, a leading Bahraini Payment Services provider specializing in POS and online payment gateway, which will allow stc customers wherein customers can pay with cryptocurrencies using their Binance wallet.
Read more: Bahrain partners with Binance, EazyPay for crypto payments
With consumers increasingly opting for new payment methods that are simple yet secure, cryptocurrencies are rapidly becoming popular across the globe and the region. This collaboration with Eazy Financial Services is a strategic step from stc Bahrain towards expanding the payment options with the future of currency to address the increasing demand for flexible and easy-to-use crypto payments. Moreover, it further signifies stc Bahrain’s commitment to advancing the Kingdom’s fintech landscape.
stc Bahrain customers can use “Binance Pay” in a fast and extremely secure way to pay for products and services in real-time with cryptocurrency, simply by scanning the QR from Eazy’s POS using their Binance App and paying with their preferred cryptocurrency.
Eazy Financial Services is licensed by the Central Bank of Bahrain and specializes in point-of-sale (POS) and online payment gateway acquiring solutions. The institution partnered with Binance in September to allow the acceptance of cryptocurrency payments using “Binance Pay” over “EazyPay” 5000+ Point-of-Sale (POS) Terminals & Online Payment gateways across the Kingdom.