This innovative collaboration empowers BisB customers to leverage Visa’s cutting-edge Visa+ service, which allows frictionless cross-border money transfers using only the recipient’s mobile number. By eliminating the need for sensitive details like IBAN or 16-digit card numbers, the service provides a more secure and convenient way of transferring funds to Visa cardholders across GCC countries.

GPS served as the technology enabler for this milestone by integrating Visa+ with BisB’s core banking system. GPS also facilitated the clearing process for payments with Visa, ensuring a smooth, frictionless, and efficient experience for both BisB and its customers.

Ms. Fatema AlAlawi, Chief Executive Officer of Bahrain Islamic Bank (BisB), said: “At Bahrain Islamic Bank (BisB), we are dedicated to pioneering advancements in Bahrain’s financial sector. The launch of Visa Direct Service through Visa+ is a testament to our commitment to providing innovative and secure banking solutions. This collaboration with Global Payment Services (GPS) enables us to offer our customers a seamless and efficient way to transfer funds across borders using only a mobile number. We are proud to lead this initiative and look forward to continuing our efforts in driving digital transformation and enhancing customer experiences.”

Mr. Ali Arab, General Manager of Global Payment Services (GPS), added:
“We are honored to partner with Bahrain Islamic Bank to achieve this remarkable milestone in Bahrain’s payment industry. At GPS, our mission is to empower financial institutions with advanced technology solutions that enhance efficiency and security. By enabling BisB to adopt Visa Direct Service, we are not only enhancing cross-border payment capabilities but also contributing to the Kingdom’s digital-first vision. This collaboration underscores GPS’s commitment to innovation and excellence in payment solutions.”