MANAMA: The recently concluded Formula 1 Gulf Air Bahrain Grand Prix 2022 contributed to a significant increase in the volume and value of electronic payments, recorded on the AFS processing platforms across the kingdom.
Samer Soliman, the chief executive of Arab Financial Services (AFS), a regional digital payment solutions provider and fintech enabler, commented: “The grand prix is the highlight of the country’s financial calendar, leading to a great influx of tourists and increased local spending, as indicated by the AFS Transaction Index .