The Central Bank of Bahrain (CBB) has overseen the signing of a pivotal partnership agreement between Bahrain’s payment network operator, Benefit, and NPCI International Payments (NIPL), the international arm of the National Payments Corporation of India (NPCI).
The landmark collaboration will link Bahrain’s existing Electronic Fund Transfer System (EFTS), specifically the popular Fawri+ service, with India’s highly successful Unified Payments Interface (UPI) .
