Mastercard joins forces with EazyPay to transform online checkouts

By Leandra Monteiro

Mastercard has partnered with Bahrain’s FinTech and payment service provider, Eazy Financial Services (EazyPay) which will now be powered by Mastercard Payment Gateway Services (MPGS).

MPGS is a trusted platform that provides financial institutions with white-label technology for payment processing and fraud prevention. As one of the largest gateways in the region that is utilized by many players in the financial ecosystem, it enables its partners to accept a wide range of digital transactions easily and securely, including all leading card brands and other non-card payment methods.

“Mastercard works to co-create a new reality for the digital payments ecosystem,” said Maria Medvedeva, Country Business Manager, Saudi Arabia and Bahrain, Mastercard. “We are delighted to expand the reach of our innovative MPGS technology in Bahrain, in collaboration with EazyPay, to support the GCC nation’s rapidly growing e-commerce industry and ambitious digital transformation strategy. The move strengthens Mastercard’s presence and expands digital payment acceptance in the country.”

“Our aim is to add value, and Mastercard’s seamless MPGS technology solution gives us the opportunity to do that. We are united in our vision to make digital and e-commerce payments more seamless, smart, and swift, creating pathways to progress in new ways,” said Nayef Tawfeeq Al Alawi, Founder and CEO of Eazy Financial Services.

In addition to its growth-focused digital expertise, Mastercard has the global reach, network of partners, and local knowledge to collaborate with FinTech companies at every stage of growth through the Mastercard Accelerate portfolio. The technology company partners with a variety of stakeholders, including FinTech innovators, to connect 1 billion people to the digital economy by 2025, including 50 million small businesses with a direct focus on 25 million women entrepreneurs.