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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.

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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.

Apply Pay Integration

Experience easy and fast transactions using your AFS PRO virtual cards with the Apple Pay wallet integration using your iPhone or Apple Watch.

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 licensed by the Central Bank of Egypt and the Central Bank of UAE, 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.

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Transactions processed in 2024

0.0M

Cards hosted

0K

POS terminals deployed

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Years of experience

"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

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Partnership

Jun 30, 2025

2 min read

AFS and Mawarid Finance Launch UAE Fintech Enablement Hub

In a pioneering move set to reshape fintech innovation in the UAE, Mawarid Finance and Arab Financial Services (AFS) today signed a strategic agreement to launch an integrated Fintech Enablement Hub, a unified platform designed to empower fintechs with seamless access to regulated infrastructure and next-generation digital capabilities.This collaboration combines global technology leadership, BIN sponsorship, and advanced processing capabilities into one integrated framework. The initiative simplifies how fintechs bring card programs to market by merging scheme connectivity, issuing, processing, and enablement tools onto a single, frictionless platform.The partnership leverages Mastercard Product Express, a platform designed for fintechs, enabling the innovation necessary to meet their customer needs, and helping reduce their time to market by providing them with the tools, resources and partners required to launch and scale. The Product Express platform allows fintechs to easily select the product that best meets their needs, choose plan-certified partners ready to implement, e.g. with live BINs and pre-approved card designs, and the ability to track progress in full transparency across all steps to be completed by all parties. This allows them to drastically reduce the time to market with the platform providing a way for fintechs to launch card programs in as fast as 15 days.Rashid Al Qubaisi, Chief Executive Officer of Mawarid Finance, said, “This collaboration places Mawarid Finance at the core of a best-in-class fintech enablement model in the UAE. As BIN sponsor, we are proud to provide the regulatory and operational foundation that allows fintechs to move from concept to card issuance with speed, security, and full compliance. This partnership reflects our commitment to supporting national innovation goals by empowering new business models and creating real pathways for growth, scale, and market impact.”Samer Soliman, Chief Executive Officer of AFS, remarked that: “'By leveraging our deep technological expertise, AFS delivers a unified, frictionless platform that dramatically accelerates time-to-market for card programs. This empowers the next wave of digital-first companies to build, launch, and scale their solutions with optimal agility and confidence”.This collaboration marks a major step toward advancing digital enablement in the UAE, offering fintechs a clear, streamlined path to build and scale card products all within a single, unified experience.

Announcement

Jun 23, 2025

2 min read

AFS Achieves Perfect Record in Fraud Loss Prevention for Bank Clients

Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler in the Middle East and Africa, today announced that its bank clients across the region experienced zero fraud losses over the past 12 months. This significant achievement is attributed to AFS’s advanced risk and fraud prevention tools, real-time monitoring systems, and dedicated team.AFS provides its clients with comprehensive fraud protection by leveraging AI-powered analytics, real-time transaction monitoring, on-behalf fraud services, and advanced authentication tools. This robust framework not only safeguards customer data and secures financial transactions but also improves operational efficiency and builds long-term customer trust.“This is a major achievement—not just for AFS, but for every banking partner we serve,” said Ajmal Basheer, AFS Head of Processing. “Our fraud management framework has proven its strength, protecting our clients and their customers. We remain committed to staying ahead of fraud through constant innovation, vigilance, and collaboration.”Basheer further emphasized, “As the volume and complexity of digital transactions continue to grow, AFS is focused on empowering financial institutions to operate with absolute confidence and maximum efficiency, underpinned by our best-in-class fraud prevention capabilities.”Beyond proactive defence, AFS’s sophisticated risk and fraud management solution delivers critical insights into emerging risk patterns and evolving fraud trends. This enables banks to make informed, strategic decisions that effectively neutralize future threats. AFS continues to make substantial investments in enhancing its fraud detection capabilities, ensuring they are faster, more accurate, and more intelligent to guarantee seamless and supremely secure digital payments across the entire region.

Partnership

Jun 2, 2025

2 min read

AFS and Mawarid Finance Spearhead Digital Transformation in Credit Card Services

In a significant leap forward for digital finance, Mawarid Finance, in strategic collaboration with Arab Financial Services (AFS), the leading digital payments solutions provider and fintech enabler across the Middle East and Africa, has officially launched a comprehensive digital application poised to redefine credit card issuance and management. This pioneering initiative underscores a shared commitment to accelerating digital transformation and elevating the customer experience within the financial services landscape.The newly introduced application represents a robust smart solution, offering a fully digitized journey from initial application submission and approval to card issuance and direct, real-time management via a smartphone. This seamless process effectively eliminates the conventional necessity for branch visits or physical signatures, translating directly into considerable time savings and enhanced convenience for customers.This pivotal launch is the direct outcome of a strategic agreement between Mawarid Finance and AFS, meticulously crafted to deliver advanced digital financial solutions. These solutions not only cater to the evolving needs of the local market but also align with prevailing global trends in financial technology. The application empowers users to instantly and securely issue credit cards, seamlessly track transactions, and manage their accounts in real-time, all fortified by state-of-the-art data protection and privacy technologies.The official signing ceremony, marking this collaborative milestone, was attended by key leadership, including Mr. Samer Soliman, CEO of AFS, and Mr. Rashid Al Qubaisi, CEO of Mawarid Finance. Both executives emphasized the profound significance of this partnership in stimulating innovation and expanding the breadth of digital services accessible within the vibrant UAE financial market.Commenting on this transformative development, Mr. Rashid Al Qubaisi stated: "At Mawarid Finance, our core commitment revolves around delivering digital solutions that not only meet but exceed our customers’ expectations. This innovative platform is a testament to our relentless pursuit of empowering customers with secure, efficient, and exceptionally easy access to our comprehensive suite of products."Echoing this sentiment, Mr. Samer Soliman added: "This collaboration exemplifies a highly successful model of integration between established financial institutions and agile fintech companies. Together, we are meticulously crafting and delivering innovative digital experiences that not only adhere to rigorous global standards but also provide users with an intuitively seamless and highly secure financial journey."This strategic launch is an integral component of Mawarid Finance’s broader vision to expand its customer base and introduce agile, digital-first products designed to support the diverse needs of both individual consumers and corporate entities, thereby significantly accelerating access to modern, secure, and user-centric financial services across the region.

Partnership

Apr 20, 2025

1 min read

AFS and Al-Etihad Al-Dawli Advance Libyan Payments

Arab Financial Services (AFS), the innovative leader in digital payment solutions across the Middle East and Africa, is collaborating with Al-Etihad Al-Dawli Fintech Company (EDF) in Libya to elevate the nation's payment ecosystem.Together, they aim to redefine Libya's payment ecosystem by introducing a dynamic suite of advanced digital and electronic payment services.The signing of the Teaming Agreement signals a powerful collaboration, uniting AFS's innovative prowess with EDF's local insight to revolutionize the Libyan market. This alliance promises to equip Libyan businesses, consumers, and financial institutions with seamless, secure, and disruptive digital payment solutions, transitioning to a modern financial future.“We are thrilled to embark on this ambitious journey with EDF, bringing truly transformative payment solutions to the Libyan market,” states Mr. Samer Soliman, AFS CEO. “This partnership reflects our mutual vision for advancing financial technology and steering the digital transformation of Libya's payment ecosystem. We are committed to contributing to the vibrant growth and modernization of the country's financial services sector”Dr. Wisam Gouiri, EDF CEO, added, “Our Teaming Agreement with AFS marks an important milestone in EDF’s mission to provide the most innovative and efficient digital payment solutions to Libya. Introducing advanced digital payment systems and accelerating the adoption of secure and efficient payment methods across the country, this partnership will benefit not just our company but also the nation as a whole.”

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