Bahrain Telecom Operator Accepts Crypto Payments For the First Time
Stc Bahrain, a subsidiary of Bahrain telecoms operator Stc Group, has announced that its relationship with payment service provider Eazy Financial Services has opened an opportunity for clients to pay bills using cryptocurrency.
The Bahrain telecom operator, recently announced in a statement that it now takes cryptocurrency, claiming to be the first in the nation to do so. According to the announcement, the company has also partnered with payment service provider Eazy Financial Services. According to the release, this collaboration enables customers to settle their bills using the Binance wallet.
Commenting on the relationship with Eazy Financial Services, Nezar Banabeela, the CEO, said: Rapid digitalization around the globe is affecting all parts of our life, and payments are the most critical factor. Almost every digital activity, from online buying and video streaming to money transfers, is dependent on a payment mechanism.
Banabeela also stated that Stc Bahrain’s decision to accept cryptocurrency payments indicates the company’s “strong focus on promoting Bahrain’s fintech sector as world-class digital enablers.” Furthermore, the CEO stated that his organization intends to make crypto acceptance “a easy procedure and encourage adoption as crypto is the future of payments.”
Meanwhile, Nayef Tawfiq Al Alawi, the founder and CEO of Eazy Financial Services, stated that the collaboration arrangement allows the telecom operator to accept cryptocurrency payments “in a regulated, secure, and exceptionally rapid manner.“
Tameem Al Moosawi, general manager of Binance Bahrain, praised Stc Bahrain for taking the initiative and perhaps establishing the standard for telecom carriers looking to shift to the Web3 economy.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Author
News
Bahrain Telecom Operator Accepts Crypto Payments For the First Time
Stc Bahrain, a subsidiary of Bahrain telecoms operator Stc Group, has announced that its relationship with payment service provider Eazy Financial Services has opened an opportunity for clients to pay bills using cryptocurrency.
The Bahrain telecom operator, recently announced in a statement that it now takes cryptocurrency, claiming to be the first in the nation to do so. According to the announcement, the company has also partnered with payment service provider Eazy Financial Services. According to the release, this collaboration enables customers to settle their bills using the Binance wallet.
Commenting on the relationship with Eazy Financial Services, Nezar Banabeela, the CEO, said: Rapid digitalization around the globe is affecting all parts of our life, and payments are the most critical factor. Almost every digital activity, from online buying and video streaming to money transfers, is dependent on a payment mechanism.
Banabeela also stated that Stc Bahrain’s decision to accept cryptocurrency payments indicates the company’s “strong focus on promoting Bahrain’s fintech sector as world-class digital enablers.” Furthermore, the CEO stated that his organization intends to make crypto acceptance “a easy procedure and encourage adoption as crypto is the future of payments.”
Meanwhile, Nayef Tawfiq Al Alawi, the founder and CEO of Eazy Financial Services, stated that the collaboration arrangement allows the telecom operator to accept cryptocurrency payments “in a regulated, secure, and exceptionally rapid manner.“
Tameem Al Moosawi, general manager of Binance Bahrain, praised Stc Bahrain for taking the initiative and perhaps establishing the standard for telecom carriers looking to shift to the Web3 economy.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
Other Posts
Related Posts
Latest
Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?
Franklin Templeton Digital Assets and Sui Now Join Hands to Strengthen DeFi Strategy
Press Release
Best Cryptos to Buy in November 2024: What Sets Qubetics Apart from Fantom and Immutable X?
Get Insights on BlockDAG’s $136M Presale Success Revealed in Recent AMA—BTC Soars to $99K, Avalanche Trading Volume Surges
