EazyPay, Mastercard boost B2B payments in Bahrain

By Vriti Gothi

Eazy Financial Services (EazyPay) has partnered with Mastercard and launched Mastercard Receivables Manager to accelerate digital transformation in Bahrain’s financial services sector.

The launch of Mastercard Receivables Manager marks a pivotal moment in the evolution of business-to-business (B2B) payment processing in the region. Tailored to optimise virtual card transactions, the platform automates receivables for merchants, replacing time-consuming manual processes with seamless, straight-through payment flows. This translates to improved operational efficiency, enhanced working capital, and stronger cash flow management for businesses across industries.

Engineered with simplicity and scalability in mind, Mastercard Receivables Manager requires minimal integration effort and operates without the need for application programming interfaces (APIs). The customisable solution enables merchants to automatically capture virtual card payments, process them end-to-end, and reconcile remittance data directly within their accounting systems, reducing friction and unlocking significant back-office efficiencies.

With global B2B virtual card spend projected to exceed $14 trillion by 2029, the demand for agile, digital-first payment solutions has never been greater. Mastercard Receivables Manager meets this demand by empowering acquirers and their merchants to embrace automation and precision in receivables management.

As the global B2B payments landscape rapidly expands, forecasted to surpass $213 trillion by 2032, this collaboration places Bahrain at the forefront of FinTech innovation, reinforcing its position as a regional hub for digital commerce. Both EazyPay and Mastercard aim to scale the platform across new sectors and markets, with a roadmap focused on continuous innovation, merchant empowerment, and seamless financial experiences.

Nayef Tawfeeq Al Alawi, Founder, Managing Director and CEO, EazyPay, said: “EazyPay supports businesses with digital payment solutions designed to simplify operations and elevate the customer experience. As virtual cards gain traction for supplier payments, Mastercard Receivables Manager empowers us to strengthen the B2B payments ecosystem across key industries and large market segments.”