5 days ago
Bahrain gets first 32-currency Fintech card
TDT | Manama
BFC Payments has launched Bahrain's first prepaid card to support 32 global currencies in a single digital wallet, redefining travel and cross-border spending for residents and tourists alike.
The enhanced 'Travel Buddy' card, part of the BFC Pay platform, now includes 15 additional currencies, ranging from the Japanese Yen and Indian Rupee to the Egyptian Pound and Chinese Yuan. It is currently the only card in the Kingdom offering such a wide currency portfolio under one wallet.
Consumer focus Designed for digital-savvy users, the card supports seamless transactions across continents and offers up to 7 percent cashback on domestic purchases. 'We're reimagining everyday finance, whether you're a frequent flyer, a digital shopper or living life across borders. This card offers financial control right in your pocket,' said Vineet Karumat, General Manager of BFC Payments.
The upgraded card builds on BFC Pay's growing footprint in Bahrain's digital payments landscape, which includes features like stored value wallets with virtual IBANs, payroll accounts, international recharges, and real-time merchant offers.
National innovation
The move marks a significant step in Bahrain's fintech evolution. With financial platforms increasingly shifting toward integrated, borderless services, BFC Pay's initiative strengthens Bahrain's position as a hub for financial innovation in the Gulf. The Travel Buddy card is now available through the BFC Pay App, offering Bahrain-based users a smarter, globally connected way to spend and save.