Manama: ila Bank, has launched an in-app “Transfer by mobile number” feature to empower customers to make payments directly by simply entering a mobile number, through a collaboration with BENEFIT’s “BenefitPay” app. This comes as part of ila’s unwavering commitment to provide customers with greater convenience through simplified banking services that transform their banking experience.
Aligned with the needs of the new no-touch economy, ila’s in-app “Transfer by mobile number” feature enables customers to transfer money to other ila users and those contacts with local bank Bahraini dinar accounts registered on the BenefitPay app. ila customers can also transfer money from any of ila’s seven foreign currency accounts to other ila customers using their mobile number. The newly added feature brings the convenience of BenefitPay Bahrain to the ila app and further facilitates Bahrain’s vision of promoting a cashless society.
“ila is on a relentless mission to deliver innovative services that enhance the overall customer experience, particularly in payments where behavioural changes are intensifying the need for fast, effortless digital payments to be accessible to customers at all times,” Mohamed Al Maraj, CEO, ila Bank Bahrain, said.
“Simple, easy-to-use banking services are our ultimate goal. We constantly seek to collaborate with key fintech stakeholders and likeminded partners to transform the banking experience in Bahrain. We have a strong and ongoing partnership with BENEFIT to design services and solutions for the greater good of the Bahraini community, and I thank them for their tremendous support in bringing our “Transfer by mobile number” feature to life,” he added.
“Our collaboration with ila Bank shows that BENEFIT is always looking to add value and give consumers more control when it comes to accepting and transferring payments. We always look to partner with other players in the market to transform these experiences where needed. It is crucial that we share the same vision to deliver innovative solutions and work together to enhance them as we witness changes in customer preference and habits when it comes to transacting online. The “Transfer by mobile” feature will make it easier for all ila users to send money anytime in a safe, convenient and secure manner,” Abdulwahed AlJanahi BENEFIT’s Chief Executive, said.
“We look forward to consumers using this feature as we align banking with emerging technologies to create exceptional customer experiences. Furthermore, we believe partnerships such as these will continue to accelerate the industry’s growth and push the capabilities of all parties forward.”
