EazyPay Teams Up with Mastercard to Transform Bahrain’s B2B Payments Scene

EazyPay has just taken a bold step in Bahrain’s digital payments scene, bringing Mastercard Receivables Manager on board as the very first acquirer in the country to roll out this tech. Now, if you’re a business owner who’s had to faff about with B2B payments and all those virtual card transactions, this could be the breath of fresh air you’ve been waiting for. I’ve spoken to enough startup founders around the MENA region who say their main gripe is clunky payment flows and having to enter numbers by hand—talk about energy drain!

The new platform is built to smooth over those pain points, giving EazyPay’s merchants a way to automate how they receive virtual card payments from other businesses. No fiddly manual entries, no stress over complex APIs—just a system that slots into what you’ve already got and directs payment details right into your accounting software. Pretty spot on for keeping tabs on cash flow and sharpening up your working capital. There’s a sense among some founders I’ve met that payments innovation can often leave smaller outfits behind, but this move tries to level the playing field a bit.

Nayef Tawfeeq Al Alawi, who heads up EazyPay, put it quite plainly: they’re out to help businesses streamline how they get paid and boost their customer experience, especially now that virtual cards are gaining such momentum for supplier payments. As more firms in the region shift from paper cheques to digital tools, making payments smooth and painless has become mission critical.

On the flip side, Saud Swar, Mastercard’s country manager for Bahrain and the wider region, zeroed in on the sheer volume of virtual card payments facing suppliers. Automating that lot means less wasted time, fewer errors, and much better efficiency for all involved. It’s a bit of a no-brainer to be honest—and, between us, I reckon anyone still doing this stuff by hand is on the back foot.

And believe it or not, the numbers are eye-opening. B2B transactions around the world look set to more than double by 2032, shooting past $213 trillion. Within that, virtual card spending could top $14 trillion by 2029. That’s not chump change, and it explains some of the rush among local fintechs and established firms alike to keep up; even among folks I know at Arageek, there’s always chatter about digitisation being the name of the game.

Of course, this all boils down to businesses craving digital, reliable, and straightforward solutions just to get paid properly and on time. If you ask me, anything that cuts down on time spent chasing invoices is worth a look—even if implementation can sometimes be, well… a bit of a headache.

To circle back, it seems Bahrain’s fintech ecosystem is a little livelier—and maybe a touch more hassle-free—thanks to EazyPay and Mastercard’s latest team-up. The tech may not change the world overnight, but it’s definately a step towards smarter, less stressful payments for businesses that want to focus on scaling, rather than sweating over their inboxes or dusty ledgers. Whether you’re new to the startup game or already running the show, these changes could make your next financial year start off on the right foot.

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