Unipal and CrediMax Sign MoU to Explore Integrated Redemption Payments in Bahrain

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Bahrain-based electronic payments provider CrediMax has signed a memorandum of understanding with Unipal to explore integrating Unipal’s platform with CrediMax’s point-of-sale terminals.

The agreement, signed on the sidelines of Fintech Forward 2026, will assess the requirements for making the proposed integration available to participating merchants. The companies are examining how offer redemption and payment could be combined into a single transaction experience.

According to the announcement, the MoU covers the technical feasibility, design and scope of the integration, including the possibility of a pilot or proof of concept. It also includes discussions around the commercial and operational terms of any future offering, as well as its suitability for merchants.

CrediMax said the partnership is intended to explore practical ways to connect digital services with payment experiences, with a focus on ease of use and operational efficiency. Unipal CEO Ali Alalawi described the initiative as an effort to transform the current redemption experience through innovation.

The agreement forms part of CrediMax’s broader efforts to develop partnerships and payment solutions aligned with evolving commerce and digital service needs in Bahrain.

Source: BizBahrain

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