Beyon Money Business, part of the Bahrain-headquartered techonology company Beyon Group, has signed a strategic partnership with EazyPay, a point of sale (POS) and online payment gateway acquirer and payment services provider in the Kingdom of Bahrain.
The partners say the collaboration will create a closed-loop payment ecosystem involving EazyPay, its merchants and Beyon Money Business to launch what they call a seamless and innovative payment experience for merchants across Bahrain.
The agreement introduces a co-branded POS device that integrates Beyon Money Business’s Flexi Wallet capabilities into EazyPay’s trusted POS network. The solution enables merchants to accept a broad range of payment methods benefitting their customers with fast, secure, contactless transactions.
Supporting the POS device is a real-time, data-driven dashboard that empowers businesses with full visibility over their transactions. The partners explain that, with a user-friendly interface and advanced analytics, merchants can monitor performance, track sales trends, and make informed decisions with greater agility.
In addition to the smart payment features, the solution includes a streamlined onboarding and settlement process, allowing merchants to quickly get started and manage funds. The offering also enables faster settlement cycles, reducing reliance on traditional banking systems, and enhancing liquidity management.
Merchants will also enjoy access to a daily earnings growth opportunity of up to 4.5% on their Flexi Wallet balances, with the flexibility to withdraw funds at any time. This, say Beyon Money Business and EazyPay, transforms the POS from a transactional tool into a strategic financial asset.
