NASSAU, Bahamas — Island Pay, an electronic payment provider, and AF Holdings Group of Companies (AF Holdings Ltd.) are introducing a convenient and efficient digital solution that allows consumers to make electronic payments between themselves and Bahamian-based businesses, Associated Press (AP) reported on October 18.
Frank Svatousek, Island Pay’s President, said, “Taking full advantage of the ease of doing business that electronic transactions provide, Island Pay’s platform gives its clients convenient payment and money transfer options in a secure digital environment.”
Steve Haughey, Colina Holdings Bahamas Limited’s Chief Operating Officer, said, “All of our companies will be able to utilize this tool to better serve our clients by adding cashless transactions to our service offering. Through the web and mobile applications, our clients will be able to make payments, withdraw from their policy loans (where applicable), receive dividends and initiate person-to-person money transfers along with a wide range of other services.” https://apnews.com/fa3c0c08189b54080c64356700519177