#Diebold Nixdorf #Cash Recyclers #stc pay

Bridging Financial Services with Technology

In a groundbreaking move, Diebold Nixdorf (NYSE: DBD), a leader in banking and retail innovation, has partnered with stc pay Bahrain to reshape financial accessibility. This collaboration marks the first significant integration between Diebold Nixdorf's technology and a telecommunications-affiliated financial service provider in the Middle East, taking place at the acclaimed Fintech Forward 2026 event in Bahrain.

Expanding Digital Financial Services

stc pay Bahrain is a mobile wallet solution that enhances financial transactions for both local and international users. A subsidiary of stc Bahrain, it aims to simplify and secure digital financial transactions, ensuring all users, particularly the underserved segments, can manage their finances more conveniently. The introduction of DN Series cash recyclers will expand stc pay’s reach, bridging digital services with physical touchpoints, thereby facilitating a seamless transaction experience.

With this move, stc pay intends to offer a range of services that include wallet top-ups, bill payments, international remittances, and much more at physical kiosks within Bahrain, greatly enhancing user experience.

Innovative Self-Service Solutions

Diebold Nixdorf's DN Series cash recyclers, which will now be available at stc pay kiosks, are designed to serve as physical gateways to its digital ecosystem. These advanced machines will allow customers to transition between cash, cards, and mobile wallets effortlessly. Unlike traditional ATMs, these devices will cater to a multitude of financial service interactions, reducing the reliance on cash while still allowing for cash transactions whenever necessary.

Additionally, these self-service machines will utilize DN Vynamic Software, which will connect the physical capabilities with digital infrastructure, ensuring secure and efficient transaction processing across platforms. The Vynamic Transaction Middleware offers a cloud-native and API-driven method to handle various payment types, making it much simpler and faster to introduce new services tailored to consumer needs.

A Strategic Move Toward Inclusion

Metin Zavrak, CEO of stc pay Bahrain, highlighted the significance of this partnership, stating, “Expanding our network beyond the mobile app is a strategic step toward making our financial services more accessible to the wider community.” By integrating Diebold Nixdorf's technology, stc pay is making strides in increasing financial inclusion, reinforcing its commitment to serve underserved populations.

The collaboration prepares stc pay to fulfill the Central Bank of Bahrain's vision of a modern and cash-optimized society. By providing physical access points, consumers can choose how they engage with their finances, giving them more control over their banking experience.

Powering Innovation with Data

The DN Series cash recyclers are not just any machines; they are powered by the DN AllConnectSM Data Engine. This technology employs artificial intelligence and machine learning to ensure maximum performance and uptime of each device. Furthermore, the integrated Vynamic View software allows for 24/7 fleet monitoring, enabling stc pay to manage its resources effectively and ensure continuous service availability.

Habib Hanna, Managing Director – Middle East at Diebold Nixdorf, emphasized this evolution by stating,