Menu

Secure, smart and simplified financial solutions

Gain access to enterprise-grade tools designed to streamline your day-to-day financial operations and transactions, tailored for banks, fintechs, businesses and consumers.

Benefits of our products and services

Our innovative financial solutions deliver a range of benefits for banks and businesses to ensure success for all partners.

01In-store, on-the-go and eShop payments

Simplify your business operations, reach more customers, increase sales, and reduce costs with a comprehensive set of secure and easy to use payments acceptance solutions by AFS.

image

02Card issuing and processing

Our issuing and processing platforms are designed to be modular, scalable, and flexible, allowing us to craft customized solutions for every payment use case to best serve your business needs.

03Digital wallet

Our BPay wallet app is the first-choice digital payments, commerce and financial services app offering instant, global and local payment solutions that all consumers and businesses can use to serve their everyday needs. The digital wallet solution can be white labeled to cater to your business needs.

04Fraud and risk management services

Our proactive and market-leading fraud prevention technology solutions ensure your payments business stays safe and secure.

05Open Banking hub

Unlock the potential of financial data sharing with secure, compliant Open Banking APIs that accelerate innovation and enhance customer experiences.

06Value added services

AFS introduces the latest value-added services and state-of-the-art security features to revolutionize your payments, stay safe and secure while driving seamless integration and cardholder engagement.

Our solutions

Unlock financial opportunities for growth and global expansion, accessible to banks and businesses of any size.

For Banks

Gain access to AFS's issuing processing and payments platform and cutting-edge end-to-end card payment system.

  • Card solutions
  • Support services
  • Value added services

All Solutions

Unsure which solution best fits your business needs? Dive into our comprehensive range of financial tools and services, to empower your business success.

For Consumers

Use our digital wallet solution to purchase goods or services, send and receive money, send money internationally, pay bills and more.

For Businesses

Boost growth and efficiency with all-in-one merchant services, POS terminals, and custom payment solutions tailored to your business needs.

  • POS Terminals
  • Online payments
  • SoftPOS solutions

About us

Regulated by the Central Bank of Bahrain and the Central Bank of Egypt, AFS is owned by a total of 37 banks and financial institutions and serves over 60 bank clients in more than 20 countries across the Middle East and Africa region.

In numbers

Leveraging the power of digital payments

Discover how we are revolutionizing the financial and payments sector through our relentless commitment to harnessing the potential of digital payments.

$0.0B

Acquring volume in 2023

0M

Transactions processed in 2023

0+

Years of experience

0.0M

Cards hosted

0K

POS terminals deployed

"Having met with the team at AFS we have no doubt that we made the right decision to change our service provider. Their communication and customer service are exemplary, and we look forward to growing this professional relationship moving forward.

Daniel McRae

Manager - British Club

"Team AFS has supported us wholeheartedly and we greatly appreciate this. Their focus on customer value and business-boosting creative solutions are why we are so happy with their service. We look forward to using more AFS payment solutions going forward.

Ajith Johney Mani

Finance Manager - Green Bar Cafe

Ready to revolutionize your financial transactions?

Experience the power of AFS today!

Latest news & announcements

See all

Partnership

Feb 24, 2025

1 min read

AFS Partners with Ternoa using Athar to Pioneer Crypto Payments Across GCC

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has partnered with Ternoa using Athar, a secure and cost-efficient PayFi network designed to onboard billions of retail customers into crypto.Ternoa will introduce Athar, a decentralized consumer finance protocol which makes crypto payments easier and more accessible for everyday transactions. AFS will begin experimenting Athar-powered crypto payment solutions for merchants across GCC.Mr. Samer Soliman, AFS CEO commented: “AFS is committed to driving innovation in the payments industry and expanding access to seamless, secure, and future-ready solutions. By integrating stablecoins and decentralized finance, we are unlocking new possibilities for merchants and consumers across the UAE, paving the way for the broader adoption of digital payments in the region.”Ternoa CEO, Mr. Mickael Canu added, “The next big step for blockchain and digital finance is making it useful in everyday life. The payments and financial services industries are massive and bringing them onto Ethereum will open up exciting new possibilities. Our partnership using Athar with AFS will make digital payments faster, more secure, and accessible.”Athar will enable stablecoin payments at Point-of-Sales (PoS) terminals, enhancing transaction efficiency and security for businesses and consumers. Unlike traditional cryptocurrencies, stablecoins are designed to maintain a stable value, typically pegged to fiat currencies like the US dollar or UAE dirham.

Partnership

Feb 11, 2025

2 min read

AFS and Mawarid Finance Partner to Drive Digital Innovation in the Financial Sector

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, has expanded the scope of its decade-long partnership with Mawarid Finance, a UAE-based innovator in the Islamic finance space.Through this partnership, AFS is empowering the relaunch of Mawarid Finance’s credit portfolio by introducing advanced digital capabilities. This includes the development of a cutting-edge mobile application and a fully digital onboarding experience for cardholders, replacing traditional models.Mawarid Finance also leverages its principal membership with Mastercard alongside AFS’s robust processing capabilities to offer BIN sponsorship services. This collaboration opens the door for fintechs to access reliable sponsorship and processing solutions, fostering innovation and supporting the growth of emerging talent in the financial sector“This partnership demonstrates our commitment to innovation and collaboration with Mawarid Finance” stated Mr. Samer Soliman, AFS CEO. “We share a vision to drive significant advancements in the financial landscape by fostering the widespread adoption of innovative technologies across the region. Through this collaboration, we will empower fintechs to bring their advance solutions to market, leveraging the combined expertise, robust infrastructure, and market reach of both AFS and Mawarid Finance.”Mawarid Finance CEO Mr. Rashid Al Qubaisi added, “This collaboration is an exciting step forward in our journey toward digital excellence. AFS’s expertise in digital payments and processing ensures we can deliver exceptional solutions to our customers and provide valuable opportunities for fintechs to thrive.”By providing seamless access to essential payment infrastructure, AFS empowers Fintechs to accelerate their growth and deliver cutting-edge solutions, ultimately driving greater financial inclusion and fostering a more competitive market.

Announcement

Feb 4, 2025

2 min read

AFS and Nsano Partner to Transform Card Payments in Africa

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, signed a strategic partnership with Nsano, a leading pan-African payment processor and mobile money aggregator headquartered in Accra. This collaboration aims to expand digital payment options across Sub-Saharan Africa by leveraging the combined expertise of both companies.The partnership will enable Nsano to expand its offerings by integrating AFS’s state-of-the-art card processing services into its existing mobile money infrastructure. Through this agreement, Nsano will provide Visa and Mastercard processing including both issuing and acquiring services to financial institutions and merchants across the region. This collaboration is set to transform the payment ecosystem by connecting mobile money and card payments through the combined technology and expertise of AFS and Nsano.Mr. Samer Soliman AFS CEO commented: “This collaboration further expands our footprint into Africa, a region with immense potential for growth and innovation in digital payments. By combining our cutting-edge card processing capabilities with Nsano’s expertise in mobile money, we aim to deliver impactful solutions that enhance financial access and convenience for millions of users.”Nsano CEO Priscila Hazel emphasized the transformative potential of the partnership: “The decision to join forces with AFS was a no-brainer because we are both organizations with a customer-first approach. We are committed to expanding the scope of financial inclusion on the continent by providing solutions that solve customer pain points seamlessly. Partnering with AFS will enable us to extend the reach of digital financial services, empowering financial institutions and merchants to offer robust card and mobile payment options to their customers. Together, we will continue to revolutionize how payments are made and received across Sub-Saharan Africa.”Nsano’s deep knowledge of the African payment landscape, combined with AFS’s proven track record in card processing and payment solutions, will create an integrated system that nurtures innovation, accessibility, and efficiency for Nsano’s partners across the continent. The partnership will be a game-changer for electronic payment-enabled businesses across key markets in Sub-Saharan Africa.

Announcement

Jan 27, 2024

2 min read

Arab Financial Services Expands into UAE to Advance Digital Payments Ecosystem

Arab Financial Services (AFS), a leading provider of digital payment solutions and a prominent fintech enabler across the Middle East and Africa, announced its strategic expansion into the United Arab Emirates (UAE). This move follows the successful acquisition of a Retail Payment Services License – Category II from the Central Bank of the UAE by Arab Financial Services L.L.C, allowing AFS to introduce a comprehensive suite of innovative and secure payment solutions tailored to the country's dynamic financial landscape."This license acquisition marks a pivotal juncture in our regional expansion strategy," said Samer Soliman, CEO of AFS. "We are excited to launch our innovative payment solutions in the UAE, a nation renowned for its progressive vision for digital transformation. Our advanced suite of services will empower consumers and businesses alike with enhanced convenience, security, and financial freedom.""Expanding into the UAE is a tremendous opportunity for us to bring our market-leading payment and fintech capabilities to a country that values innovation and security in digital financial services," said Rizwan Khan, Managing Director for AFS UAE and Oman. "We are delighted to partner with local businesses and regulatory bodies to help nurture an inclusive digital ecosystem that meets the fast-evolving needs of the UAE and contribute to strengthening the country’s standing as a global fintech hub."Backed by a substantial US$150 million in funding, AFS's entry into the UAE market highlights its steadfast commitment to revolutionizing the financial services sector. This strategic initiative aligns seamlessly with the country's ambition to solidify its position as a global financial leader. By leveraging its deep expertise and advanced technology, AFS is set to empower businesses and consumers with secure, user-centric payment solutions that enhance financial accessibility and significantly contribute to the UAE's economic growth.To mark the occasion, AFS hosted a high-profile launch event in the UAE. Distinguished guests included AFS Chairman Sael Al Waary and Board of Directors, as well as government officials, VIPs, partners, merchants, and industry leaders. The event celebrated the company's remarkable achievements and underscored its immense potential to advance the country's digital payments ecosystem.As AFS embarks on this new chapter, it remains dedicated to shaping the future of digital payments, empowering communities, and enabling financial inclusion in the UAE and beyond.

Solutions for banks
OverviewCard issuing & processingOpen bankingFraud & Risk managementValue added services
Solutions for businesses
OverviewPayment gatewayPOS terminalsAFS Pay - SoftPOSAFS ProeShopOpen bankingAFS One - Food and beverage
Solutions for consumers
BPay wallet
Company
About usInvestor relationsCareersContactComplaints
Resources
News & AnnouncementsESGCertifications
Join our network

Get the latest AFS news, announcements and more.

By subscribing you agree to our Privacy Policy

Follow us on social media
Our certifications
AFS legal statementPrivacy PolicyCookies PolicyAnti money launderingBPay terms & conditionsMerchant terms & conditions

© 2024 Arab Financial Services. All rights reserved.

Licensed as an Ancillary Service Provider by the Central Bank of Bahrain