Mastercard has collaborated with Bahrain-based CrediMax to introduce its Masterpass service in the country through integration with MaxWallet, a digital wallet by CrediMax.

Masterpass is a digital payment service designed for quick, simple and secure digital payments across various devices and channels, including in-store, online and in-app.

According to Mastercard, the integration of its service boosts the existing functionality of the digital wallet that currently facilitates in-store payment using Masterpass QR technology.

Customers will now be able to use the MaxWallet by CrediMax to also make online and in-app payment at all the locations that accept Masterpass.

Mastercard Northern Gulf area business head Pankaj Kathuria said: “The launch of Masterpass in Bahrain is a key milestone for the Kingdom’s payments ecosystem – one that will open doors for simpler and more efficient payment experiences that enable consumers to enjoy greater convenience and security.

“We will continue to collaborate with leading industry players like CrediMax to design and introduce products and solutions that leverage our cutting-edge technology and drive adoption of cashless systems.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

CrediMax chief executive Yousif Ali Mirza said: “The dual functionality of Masterpass and Masterpass QR in our MaxWallet service will enable our users to take advantage of a seamless payment experience, regardless of whether they are paying online, in-store on in-app – indicating the onset of a new era of digital payments in Bahrain.”