MANAMA: Benefit, the operator of Bahrain’s national electronic fund transfer system (EFTS), has reported a massive increase in online payment transactions in 2021 from an accelerated adoption of e-commerce in the wake of the pandemic.
Payments through the EFTS surged by 164 per cent in volume year-on-year (YoY), with their total value exceeding BD20 billion in 2021, a jump of 26pc from BD16bn in 2019 .
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