Eazy Financial Services B.S.C is going to introduce the first biometric-enabled payment network within the region. It is going to be powered by NCR Corporation, a global leader in omni-channel solutions, where NCR is going to support Eazy in developing the necessary payment infrastructure to servce participating financial institutions in Bahrain and to expand within the Middle Eastern region in the future.
How will customers use this new technology? Well, customers will have to enroll through participating financial institutions by registering their fingerprints, which then will allow them to make payments with just the touch of a fingertip, literally! Wondering what’s in it for customer? The holistic payment network will allow customers of any bank that’s linked to Eazy’s network to conduct payments through multiple access points at their disposal, and not restricting them to specific banks.
Mr. Khaled Al Ahli, Chief Executive Officer of Eazy Financial Services stated: “The unique biometric payment solution that Eazy envisioned to bring to this region requires a partner that has unrivaled experience in this filed. NCR has an established name in the region and brings to the table a wealth of experience in the financial sector, as well as building a robust infrastructure through its hardware and software expertise, in order to upgrade ATMs and other access-points to enable them to accept and read fingerprints and process necessary data to perform financial transactions.”
This new method is going to revolutionize the payment method in Bahrain, especially since it’s going to be of a great service to consumers. “Payment innovations such as the ones offered by Eazy Financial are exactly what the market in Bahrain needs. Consumers across the region are looking for a more convenient and secure payment option and we are pleased that Bahrain will be able to provide these solutions,” HE Khalid Al Rumaihi, Chief Executive of the Bahrain Economic Development Board (EDB) said.