“stc pay” wins the award for “the most distinguished strategic partnership in the field of digital payments”

stc Pay, one of the leading digital wallets in the Kingdom, announced that it won the “Most Distinguished Strategic Partnership in the Field of Digital Payments” award during the 2025 World Finance Awards ceremony, for its pioneering strategic cooperation with MasterCard. This achievement reflects stc Pay’s keenness to enhance financial inclusion and accelerate the transformation towards a digital, cashless economy in the Kingdom, in support of Bahrain’s Economic Vision 2030.

As the only integrated digital wallet in the Kingdom, stc Pay is keen to achieve financial inclusion by providing safe and easy financial services, licensed by the Central Bank of Bahrain, and including local and international transfers, prepaid cards, bill payment, and exclusive rewards programs. stc pay won this award for its cooperation with MasterCard in offering innovative cards that enhance customer experience, including the ‘stc pay Mastercard Elite’ prepaid card, which can be used around the world, in addition to providing exclusive benefits that include access to airport lounges, additional cash back rewards, and travel discounts. The ‘stc pay Mastercard Family Cards’ also allow sharing these benefits with up to five family members to manage their financial affairs efficiently and effectively.

On this occasion, Mr. Metin Zafarak, CEO of stc Pay Bahrain, said: “Stc Pay Bahrain’s winning of this award embodies our keenness to establish strategic partnerships that enrich the experiences of our individual and business customers, and also contribute to supporting economic growth in the Kingdom of Bahrain. Through our cooperation with MasterCard, we aim to expand the scope of our safe and innovative financial services, thus enhancing the digital economy.”

It is worth noting that stc pay continues its cooperation with major international companies, government agencies and technology partners, which consolidates its position as a leader in the financial technology sector. Through its safe and easy financial solutions, stc pay contributes to shaping a more interconnected, comprehensive and prosperous digital future for the Kingdom of Bahrain, thus enhancing the Kingdom’s regional leadership in the field of digital finance.