Arab Financial Services and Mediterranean Bank partner to introduce advanced card solutions in Libya

Arab Financial Services (AFS), the digital payment solutions provider and fintech enabler in the Middle East and Africa region, has signed a strategic agreement with Mediterranean Bank to support its international USD card program. Through this collaboration, AFS will provide comprehensive card processing and sponsorship services, promoting the expansion of advanced payment technologies and services in Libya.

This partnership opens the door to further collaboration to drive innovation and improve the payments landscape, introducing new technologies and providing customers with secure and transparent payment solutions.

Samer Soliman, CEO of AFS, said: “We are delighted to collaborate with Mediterranean Bank to introduce innovative payment solutions in Libya. This strategic alliance aligns with AFS’ mission to equip the region’s financial institutions with cutting-edge technology and transparent services. By leveraging Mediterranean Bank’s international USD card program, we aim to foster a robust and flexible payment ecosystem for Libyan consumers.

Mohammed Ben Omran, Deputy Managing Director of Banque Méditerranéenne, added: “Our partnership with AFS represents an important step in Banque Méditerranéenne’s journey to offer modern financial services to our clients. Leveraging AFS’ expertise, we look forward to introducing new payment technologies that will enhance our customers’ financial experience, while laying the foundation for increased innovation and growth in the industry payments in Libya.

As both organizations consider future initiatives, this collaboration will pave the way for greater technological advancements, benefiting businesses and individuals across Libya.

Arab Financial Services (AFS) was established in 1984 to provide payment products, services and expertise to banks and merchant groups and offer customized payment solutions in an increasingly divergent, disruptive and dynamic.

“Arab Financial Services and Mediterranean Bank partner to introduce advanced card solutions in Libya” was originally created and published by International electronic paymentsa brand owned by GlobalData.

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