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BENEFIT

BENEFIT to Launch Cross-Border QR Payments with Alipay+

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BENEFIT and Ant International have signed a MoU to introduce cross-border QR payments between Bahrain’s BENEFIT QR scheme and Ant International’s Alipay+ global wallet gateway in 2026. The partnership will allow over 15,000 Bahraini merchants to accept cross-border QR payments from Alipay+ partners, which currently connect more than 1.8 billion user accounts across 40 digital […]

The post BENEFIT to Launch Cross-Border QR Payments with Alipay+ appeared first on Fintechnews Middle East.

Bahrain, Singapore Launch National Digital Public Infrastructure Initiative

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BENEFIT and Singapore-based technology company MonetaGo, in collaboration with Bahrain Fintech Bay (BFB) and the Bahrain Association of Banks (BAB), have begun implementing Bahrain’s National Digital Public Infrastructure (DPI) Initiative. The project aims to create a digital ledger for all financed trade transactions and invoice submissions, providing an alternative data credit score to support trade […]

The post Bahrain, Singapore Launch National Digital Public Infrastructure Initiative appeared first on Fintechnews Middle East.

Bahrain Banks Pilot Instant Payments on Google Cloud Universal Ledger

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In a collaboration facilitated by Bahrain Fintech Bay, the National Bank of Bahrain (NBB), Bahrain Islamic Bank (BisB), Bank of Bahrain and Kuwait (BBK), and Benefit successfully executed instant payments using digital commercial bank money between clients on Google Cloud Universal Ledger (GCUL). Supported by the Bahrain Economic Development Board, the pilot marks a significant […]

The post Bahrain Banks Pilot Instant Payments on Google Cloud Universal Ledger appeared first on Fintechnews Middle East.

BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme

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BENEFIT, a company in Bahrain’s fintech and electronic financial transactions sector, has announced the launch of the fourth edition of its annual fintech internship programme, Masar. The initiative is aimed at providing Bahraini youth with practical experience and skills development opportunities in the fintech field. This year’s edition of Masar will support 40 selected participants, […]

The post BENEFIT Launches Fourth Edition of Masar Fintech Internship Programme appeared first on Fintechnews Middle East.

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