Fri, November 22

‘Stc Bahrain’ Telecom Provider Now Accepts Crypto as Payment

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  • The firm has partnered with Eazy Financial Services, according to the announcement.
  • Customers of Stc Bahrain may now use the Binance wallet to pay their invoices.

Stc Bahrain, a telecom provider in Bahrain, recently made a public announcement that it will begin accepting cryptocurrency payments. The firm has partnered with Eazy Financial Services, according to the announcement.

Customers of Stc Bahrain may now use the Binance wallet to pay their invoices, according to the announcement. Cryptocurrencies are quickly rising in popularity throughout the world. And also as a whole due to the result of customers’ need for new payment methods that are both easy and safe to use.

Future of Payments

By teaming up with Eazy Financial Services. Stc Bahrain is taking a proactive move toward meeting the rising need for convenient and adaptable crypto payments. Moreover, it is a further indication of Stc Bahrain’s dedication to developing the fintech industry in the Kingdom. CEO of Stc Bahrain Nezar Banabeela made a forward-thinking optimistic statement. On the company’s new relationship with Eazy Financial Services.

According to Banabeela, Stc Bahrain’s decision to accept cryptocurrency payments shows a deep commitment to expanding Bahrain’s fintech industry as world-class digital enablers.  The CEO further elaborated on the company’s intentions to make cryptocurrency acceptance an easy procedure and encourage adoption since crypto is the future of payments.

Meanwhile, Nayef Tawfiq Al Alawi, founder & CEO of Eazy Financial Services, said that the cooperation allows the telecom operator to accept cryptocurrency payments “in a regulated, secure and extremely fast manner.”

Binance Bahrain’s general manager, Tameem Al Moosawi, praised the company for its endeavor and said that Stc Bahrain may serve as a model for other telecoms seeking to join the Web3 economy.

Content writer by profession. A crypto lover and has passion for writing. Follows the developments of digital currency right from its launch, years ago.