[Bahrain] stc pay and LMRA partnership to streamline expatriate onboarding

[Bahrain] stc pay and LMRA partnership to streamline expatriate onboarding
30 Aug 2024

In Bahrain, stc pay has announced a strategic partnership with the Labour Market Regulatory Authority (LMRA) to enhance the onboarding experience for new expatriates arriving in the Kingdom, Tech Africa News reports. 

As part of this initiative, new expat employees arriving at Bahrain International Airport will be provided with an International Bank Account Number (IBAN) number, linked to the stc pay mobile wallet. 

This solution is reportedly poised to facilitate wage payments and streamline the onboarding journey, making it easier for expatriates to settle in their new resident country.

stc pay is the strategic partner, offering an all-in-one financial solution for various transactions. With a comprehensive range of features and value-added benefits extending beyond traditional payment methods, the mobile wallet streamlines everyday digital payments. In addition, stc pay offers a payroll processing solution compliant with the Kingdom’s Wages Protection System simplifying salary payments for businesses.

Announcing the partnership, H.E. Nibras Talib - CEO of LMRA and Chairman of the National Committee for Combating Trafficking in Persons (NCCTIP) - spoke of the Authority’s commitment to continuing its partnership with the private sector to enhance mechanisms that contribute to improving the work environment and safeguarding the rights of all parties involved. He stated that the collaboration with stc pay, the digital wallet of stc Bahrain, to issue an optional IBAN for every expatriate worker in the Kingdom, would help provide accessible banking solutions for paying workers’ wages and documenting procedures, thereby protecting the rights of all parties.

Eng. Khalid Al Osaimi - Chairman of stc pay and CEO, stc Bahrain - said, “At stc pay, we are committed to leveraging our technology together with our banking partner Khaleeji Bank, to provide innovative solutions that simplify the lives of the local community and our customers. This partnership with LMRA is a testament to our dedication to enhancing the expatriate experience and supporting the country’s digital transformation.”

Through this partnership, stc pay reportedly intends to support LMRA in settling new expats, making Bahrain a top-rated work destination. The initiative will enhance the country’s digital infrastructure, facilitate seamless transactions, foster entrepreneurship and support businesses.


Source: Tech Africa News

(Quotes via original reporting)

In Bahrain, stc pay has announced a strategic partnership with the Labour Market Regulatory Authority (LMRA) to enhance the onboarding experience for new expatriates arriving in the Kingdom, Tech Africa News reports. 

As part of this initiative, new expat employees arriving at Bahrain International Airport will be provided with an International Bank Account Number (IBAN) number, linked to the stc pay mobile wallet. 

This solution is reportedly poised to facilitate wage payments and streamline the onboarding journey, making it easier for expatriates to settle in their new resident country.

stc pay is the strategic partner, offering an all-in-one financial solution for various transactions. With a comprehensive range of features and value-added benefits extending beyond traditional payment methods, the mobile wallet streamlines everyday digital payments. In addition, stc pay offers a payroll processing solution compliant with the Kingdom’s Wages Protection System simplifying salary payments for businesses.

Announcing the partnership, H.E. Nibras Talib - CEO of LMRA and Chairman of the National Committee for Combating Trafficking in Persons (NCCTIP) - spoke of the Authority’s commitment to continuing its partnership with the private sector to enhance mechanisms that contribute to improving the work environment and safeguarding the rights of all parties involved. He stated that the collaboration with stc pay, the digital wallet of stc Bahrain, to issue an optional IBAN for every expatriate worker in the Kingdom, would help provide accessible banking solutions for paying workers’ wages and documenting procedures, thereby protecting the rights of all parties.

Eng. Khalid Al Osaimi - Chairman of stc pay and CEO, stc Bahrain - said, “At stc pay, we are committed to leveraging our technology together with our banking partner Khaleeji Bank, to provide innovative solutions that simplify the lives of the local community and our customers. This partnership with LMRA is a testament to our dedication to enhancing the expatriate experience and supporting the country’s digital transformation.”

Through this partnership, stc pay reportedly intends to support LMRA in settling new expats, making Bahrain a top-rated work destination. The initiative will enhance the country’s digital infrastructure, facilitate seamless transactions, foster entrepreneurship and support businesses.


Source: Tech Africa News

(Quotes via original reporting)

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