Bahrain: Beyon Money Launches New Digital Payment Solution for Merchants
Beyon Money, part of the Beyon Group, has launched Beyon Money Checkout, an online payment acceptance solution for corporates and businesses in Bahrain. Delivered in partnership with Ottu, a financial technology company, the solution is reshaping the landscape of merchant services in Bahrain and other Middle Eastern regions.
This collaboration with Ottu will support the expansion of Beyon Money’s services by enabling merchants in Bahrain to seamlessly integrate Beyon Money Checkout into their e-commerce channels. Ottu will be offering Beyon Money’s payment solutions across its merchant network in Bahrain and other regional markets.
Beyon Money Checkout will reduce the number of steps for processing payments when compared to traditional solutions, leading to cost savings for merchants. The transactions can be completed instantly by using their phone number registered with Beyon Money instead of having to enter their payment card details.
Beyon Money CEO Roberto Mancone commented, ”Beyon Money Checkout leverages its digital wallet, enabling merchants to receive instant payments from Beyon Money customers at lower costs compared to traditional card payment methods. Together with Ottu, we will empower merchants while also elevating the online payment experience for Beyon Money customers.”
