Bahrain-based TELCO stc Bahrain has partnered with digital banking and payment technology company NEC Payments to launch the stc pay virtual prepaid Mastercard.
According to Zawya.com, the new contactless solution enables customers to access a broader range of local and international merchants and to conduct transactions during these challenging times, when the use of ecommerce and contactless payments is highly encouraged.
Therefore, the digital offering, which is integrated into the stc pay app, is expected to support customers with no access to credit cards continue shopping in a streamlined manner and have the items delivered at home.
Moreover, the stc pay prepaid Mastercard is open for subscription to all users of the mobile wallet, with no additional fee and validity up to three years.
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The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).