AFS
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The home of payments; transforming financial landscapes
Arab Financial Services (AFS) was formed in 1984 to provide payment products, services and expertise to banks and merchant groups and deliver customized payment solutions in an increasingly divergent, disruptive, and dynamic payment eco-system.
A key to the growing and continued success of the company was an executive team determined to invest in the most up-to-date, cutting edge technologies. AFS is owned by a total of 37 banks and financial institutions and serves over 60 clients in more than 20 countries across MEA.
Today, AFS is the region’s leading digital payment solutions provider and Fintech enabler, regulated by the Central Bank of Bahrain.
AFS’s innovative approach to the provision of financial services is evidenced by a series of pioneering payment services that covers card processing services, merchant acquiring, fintech solutions and an impressive array of value-added services.
The emphasis that AFS places on innovation has positioned the company as a driving market force, delivering a rich portfolio of payment solutions including digital mobile wallets, customer orientated Merchant Acquiring services; Bahrain’s leading digital payroll solution Al Rateb, global Contact Centers and much more.
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Bahrain
Last updated: Sep 05, 2025
On PayAtlas since Jul 2025
Focus Areas
Services offered by AFS
Asset Management
Card Issuing Services
Merchant Services
Card Processing Services
Payment Technologies
Fraud Prevention Services
Payment Technologies
Open Banking
Asset Management
Mobile Wallet Services
Industries served by AFS
- Agriculture
- Apparel & Fashion
- Business Services
- E-learning & Edtech
- Electronics & Home Appliances
- General Retail (Non-specialised)
- Government Payments
- Health & Beauty Retail
- Payments / PSP / Gateways
- Restaurants & Delivery
- Utilities & Energy
- Wallets & Custodians
Regions covered by AFS
- MENA
- Persian Gulf countries
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Supported Features
Compact
Detailed
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Payment methods
- Card network 1
- Mobile wallet 3
- Others 1
Card network
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Visa
Mobile wallet
- Alipay
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Apple pay
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Google pay
Others
- POS
Card networks
Major credit card networks include Visa, Mastercard, American Express, and Discover, but there are others.
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Visa
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Visa
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