Sat, 12 December 2020
Bahrain-based Fintech company, BENEFIT, which is known for providing electronic financial transaction services on a regional level, has received awards for being Bahrain’s ‘Best e-Wallet Payment System – BenefitPay’ and ‘Most Innovative e-Payment Product’ at the 2020 Global Economics Magazine Awards.
BENEFIT received the awards for its role in offering innovative and practical payment solutions in Bahrain - most notably the BenefitPay mobile app, which introduced simplified payment transactions to both individuals and companies.
BENEFIT Chief Executive (CE), Abdulwahed AlJanahi, Chief Executive (C.E.) of BENEFIT highlighted that the awards are a testament to the innovative services in light of their role in launching a variety of digital payment solutions that are easy, fast and secure. “This milestone achievement further cements our leading position as a FinTech industry player on a local and regional level, affirming our commitment to launching latest e-payment experiences and services that serve the needs of the public in the Kingdom of Bahrain,” he said.
Since its launch in the Kingdom, BenefitPay has secured more than 500,000 registered users.
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