Diebold Nixdorf will supply cash recyclers and software for the first self-service network launched by stc pay Bahrain. The companies announced this agreement on 8 October 2026 at the Fintech Forward 2026 event held in Bahrain. This strategic collaboration marks a significant milestone for both organizations as they work to integrate physical hardware with the digital financial ecosystem currently evolving within the country.
Expanding Digital Financial Services
The self-service kiosks will provide a range of digital financial and utility services to customers in Bahrain. These units support wallet top-ups, money transfers, and bill payments. Additional functionalities include eSIM issuance, gift card purchases, transportation card top-ups, and charitable donations. The machines facilitate cash collections for small and midsize businesses.
By deploying these advanced cash recyclers, stc pay Bahrain aims to streamline the way customers interact with financial services. The inclusion of diverse features, such as the ability to process charitable donations and purchase gift cards, reflects a full approach to self-service technology. The capability to handle cash collections for small and midsize businesses also serves to bridge the gap between digital payment platforms and the physical cash requirements of local enterprises. The deployment of this network is designed to provide 24/7 access to these essential services, ensuring that users have reliable options for managing their financial needs outside of traditional banking hours.
Strategic Partnership and Local Implementation
Almoayed Group serves as the licensed partner for Diebold Nixdorf in Bahrain. The company manages local deployment and provides technical support for the new network. This partnership ensures that the installation and ongoing maintenance of the kiosk network are handled by a team with a deep understanding of the local market requirements and infrastructure.
The role of Almoayed Group is critical to the operational success of the project. By overseeing the local deployment, the firm coordinates the logistics of placing these units in strategic locations to maximize accessibility for the public. The technical support provided by Almoayed Group ensures that the software and hardware supplied by Diebold Nixdorf remain functional, minimizing downtime for users who rely on these machines for their daily financial transactions.
The agreement, which was formally announced on October 8, 2026, at the Fintech Forward 2026 event, notes the ongoing commitment of both Diebold Nixdorf and stc pay Bahrain to enhancing the digital financial landscape. By combining the technical expertise of Diebold Nixdorf with the market reach of stc pay Bahrain and the local support of Almoayed Group, the initiative seeks to create a strong and user-friendly self-service infrastructure. As the network begins its rollout, the focus remains on delivering consistent performance and expanding the utility of these kiosks to meet the growing demands of consumers and small and midsize businesses across Bahrain. This project represents a collaborative effort to modernize service delivery and improve the efficiency of financial operations for the region’s diverse user base.
