Bahrain’s Arab Financial Services (AFS) has partnered with the Mediterranean Bank to support its US-dollar international card program.
The payment solutions provider and fintech enabler will deliver comprehensive card processing and sponsorship services, driving the expansion of advanced payment technologies and services in Libya.
The partnership opens the door for further collaboration to drive innovation and enhance the payments landscape, introducing new technologies and providing customers with secure, seamless payment solutions.
“The strategic alliance aligns with AFS’s mission to empower financial institutions in the region with advanced technology and seamless services. By leveraging Mediterranean Bank’s international US dollar card program, we aim to foster a robust and flexible payment ecosystem for Libyan consumers,” said Samer Soliman, the CEO of AFS.
The collaboration paves the way for greater technological advancements, benefiting businesses and individuals across Libya as both look toward future initiatives.
Founded in 1984, AFS provides payment products, services, and expertise to banks and merchant groups. It also delivers customised payment solutions in an increasingly divergent, disruptive, and dynamic payment ecosystem.
AFS is owned by 37 banks and financial institutions, and its ground-breaking, end-to-end payment services and solutions span debit, credit and Islamic card processing as well as merchant acquiring, fintech and a state-of-the-art, value-added services suite.
