Benefit, the operator of Bahrain’s national electronic fund transfer system (EFTS), has reported a massive increase in online transactions last year.
Data released yesterday by the company which was established as the national ATM and point of sale switch in 1997 shows that total payments through the EFTS (Fawri, Fawri+ and Fawateer) – both online and via BenefitPay – surged by 25 per cent in total value from BD20 .