Money & BusinessBahrainSport

BIC to become first international racing circuit to accept crypto payments

Bahrain International Circuit (BIC), “The Home of Motorsport in the Middle East” said that it has signed a payment services agreement with Eazy Financial Services “EazyPay”.

As part of the agreement, BIC will be provided with a series of electronic payment services to help enhance business operations and therefore offer the circuit’s customers an enhanced experience.

These services include providing the Circuit with state-of-the-art Point-of-Sale (POS) Terminals placed at BIC outlets to accept all types of Debit and Credit cards from Visa & MasterCard.

This includes the acceptance of the latest method of payment using Crypto assets via “Binance App”, which is regulated with the support of the Central Bank of Bahrain, making BIC the first International Circuit in the World to accept crypto assets Payments in a regulated, secure and extremely fast manner.

The benefits of bringing in EazyPay to BIC will ensure simple and effective transaction journeys for customers, with a partner which is able to ensure first-class service.

“This agreement enables BIC to become the first international racing circuit in the world to accept crypto-asset payments through Binance Pay’s partnership with EazyPay, showcasing how the Kingdom of Bahrain is continuously in the forefront, supporting regional & global players in keeping up with global trends.”


Bahrain News Agency

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