EazyPay launches Mastercard Receivables Manager in Bahrain

Eazy Financial Services (EazyPay) has introduced Mastercard Receivables Manager to the Bahraini market, becoming the first acquirer in the country to adopt this advanced solution. The launch marks a significant step in modernising business-to-business (B2B) payment processes, particularly for virtual card transactions.

The Mastercard Receivables Manager is designed to streamline the acceptance and processing of virtual card payments, helping businesses automate their receivables without the need for complex integrations or APIs. By removing manual intervention from the reconciliation process, the platform optimises working capital, enhances cash flow, and improves operational efficiency for merchants. The tool automatically captures virtual card payments, processes them through a secure system, and integrates remittance information directly into merchants’ accounting platforms.

EazyPay emphasized its ongoing commitment to providing digital payment solutions that simplify operations and improve the overall customer experience. The introduction of this solution aligns with the growing adoption of virtual cards for supplier payments and is expected to further strengthen the B2B payments ecosystem across various sectors in Bahrain.

Mastercard highlighted the value-added services enabled through this partnership, underlining the importance of automation in managing the increasing volume of virtual card payments. The company noted that the Receivables Manager addresses a key operational challenge faced by suppliers—namely, the labor-intensive reconciliation of high volumes of digital payments. The implementation of this tool by EazyPay is anticipated to deliver meaningful benefits to the broader business community in Bahrain.

Industry projections underscore the relevance of this initiative: global B2B transaction volumes are forecasted to more than double by 2032, reaching over USD 213tn. Virtual card payments are expected to play a pivotal role in this growth, with B2B virtual card spend projected to exceed USD 14tn by 2029. This upward trend reflects a mounting demand for digital-first financial tools that support efficiency, automation, and liquidity management.

About Mastercard
Mastercard is a global technology company in the payments industry, serving more than 200 countries and territories. The company is committed to building a sustainable and inclusive digital economy, providing secure, simple, and smart transaction solutions.