back Back

BCFC & Mastercard to launch commercial credit cards in the Kingdom of Bahrain

By Delisha Fernandes

February 09, 2024

  • BCFC
  • Business to business payments
  • Credit Cards

Mastercard, SpireBahrain Commercial Facilities Company (BCFC) has partnered with Mastercard, to introduce commercial credit cards for companies, corporations and small and medium sized businesses.

“Our collaboration with Mastercard is a strategic move to provide businesses in Bahrain with innovative payment solutions that cater to their diverse financial needs. With the introduction of the Commercial Cards program, we are not only enhancing our product portfolio but also driving innovation, automation, and digitization in the commercial payments sector,” said Abdulla Bukhowa, CEO of BCFC.

Through this partnership, Mastercard and BCFC will offer solutions to effectively manage company expenses, payables, and overall cash flow. From day-to-day expenses, supplier payments, utility bills, to managing travel expenses, governmental, and business-to-business payments, Commercial Cards Program promises better visibility and efficiency in commercial B2B payment flows. In addition the credit card carries a unique value proposition including but not limited to a rebate system to complement the existing benefits of the commercial credit card.

“Mastercard’s partnership with BCFC underscores our pledge to fostering digital payment flows and enhancing the commercial B2B space through trusted payment solutions. Together, we aim to empower businesses with tools that offer unparalleled efficiency and control over their financial operations. Our recent endeavors in the region, in partnership with the BCFC, have been pivotal in driving the adoption of digital payment solutions, reflecting our vision for a world beyond cash and our commitment to financial growth in the region,” stated Maria Medvedeva, Country Manager, Saudi Arabia and Bahrain, Mastercard.

This collaboration between BCFC and Mastercard is poised to redefine the way businesses oversee their expenses and payments, marking a significant step towards a more digitized and efficient commercial ecosystem in the Kingdom of Bahrain.

Previous Article

February 09, 2024

Boost-RHB Digital Bank gain approval from BNM and MOF to expand in Malaysia

Read More
Next Article

February 09, 2024

FinTech Focus: Catch latest developments of the week

Read More

IBSi Daily News Analysis

South East Asia

February 28, 2024


FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


Enfuce receives e-money licence to boost UK expansion

Read More


Mastercard & MTN Group Fintech to bolster mobile payment services in Africa

Read More


UAE FinTech Alaan brings Apple Pay to customers

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023