Bahrain Islamic Bank (BisB) and PayPal announced (today 11 Mar. 18) new services that BisB customers and merchants can accessed exclusively through BisB’s online banking and mobile banking app to get an unprecedented access to e-commerce and online retailers.
Customers in Bahrain can now access additional services provided by BisB and PayPal, one of the world’s most trusted and innovative online payments platforms, conveniently through their mobile device or personal computers. To connect to PayPal through BisB digital services, users with a qualified BisB account need to link such account to an existing PayPal account or open one through the app or eBisB.com. BisB customers can top up their PayPal accounts using funds from their BisB bank account, thus introducing a new way to fund a PayPal transaction in addition to cards, and withdraw funds received into their PayPal account to their BisB bank account through the app or eBisB.com.
“We are excited to team up with PayPal and to show our commitment to constantly improving services for our valued customers. Moreover, the integration with PayPal means our customers can benefit from convenient access to e-commerce on a global scale, all from their mobile device,” says Mr. Hassan Jarrar, BisB CEO.
Mr. Jarrar added, “Through this integration with PayPal, customers in Bahrain gain increased and more convenient access to the millions of businesses that accept PayPal in over 200 markets and countries worldwide. With this new exclusive offering by BisB, customers now have a choice about the easiest way to use PayPal.”
“We are excited to be working with BisB to give the Bahrainian customers the comfort and security of transactions that PayPal offers its customers globally.” says Efi Dahan, PayPal General Manager in Russia, Middle East and Africa. “We see ourselves committed to make sure we’re tailoring the experience to their exact needs, and provide the right services to optimize their journey as global customers”.
“Small business owners and freelancers can also benefit from these service” continued Dahan. “as this service provides them with new capabilities toward digital exports by selling cross border and withdraw their PayPal funds into their BisB accounts.”
