CrediMax In Collaboration With FOO Launches
FOO was chosen to implement the eWallet Mobile Payment Solution named “MaxWallet” in the Kingdom of Bahrain for CrediMax in collaboration with Mastercard.
CrediMax “MaxWallet” is an electronic digital wallet service that makes shopping safe and easy by storing all of your payment and card information in one convenient and secure place. With “MaxWallet”, you simply shop, scan and pay faster. Store your favorite cards and enjoy easy and quick shopping at the merchant site by simply scanning their QR code.
“We are excited to announce the launch of “MaxWallet” which will fundamentally but gradually have a positive impact on payments across the globe. More payments are shifting from cash to electronic due to greater connectivity, availability of multiple channels & devices are providing opportunities for digital convergence helping customers & merchants experience enhanced simplicity and security in payments. Frictionless experience across the payment channels, relevance of use, safety & security are allowing customers to shop anywhere and anytime nowadays” said CrediMax Chief Executive, Mr. Yousif Ali Mirza.
Pankaj Kathuria, Area Business Head, Northern Gulf, Mastercard, said, “Mastercard is committed to introducing innovative technologies that bring the benefits of cashless payments to even more merchants and consumers. By enabling consumers to make fast, simple and secure digital payments directly from their mobile phones, Masterpass QR helps advance the use of cashless payment methods by providing a viable alternative to cash, while contributing to financial inclusion by empowering thousands of small businesses.”
Founded in 2009, FOO has emerged as a leading Fintech provider by focusing on Technology, Innovation, Expertise and Quality. Working with leading clients in their industries (Visa, Mastercard, etc…) FOO has quickly expanded in the MENA region and has set the benchmark for design experience and quality.
Being the first credit card issuer in the Kingdom of Bahrain, CrediMax evolved to be a pioneering market leader in credit issuing and acquiring since issuing the first credit card in July 1991 as card centre at Bank of Bahrain and Kuwait, one of the largest commercial banks in the Kingdom.