Bahrain has seen a significant growth in online payments processed through the Electronic Funds Transfer System (EFTS) across all channels, including banking platforms and the BenefitPay app, said BENEFIT, Bahrain’s leading fintech and electronic financial transactions service provider.
BENEFIT, Bahrain’s leading company in Fintech and electronic financial transactions service, has signed a linkage agreement with NPCI International Payments Limited (NIPL) – India, to enable seamless integration between Bahrain’s Electronic Fund Transfer System (EFTS), specifically Fawri+ service, and India’s Unified Payments Interface (UPI).