The Daily Tribune – www.newsofbahrain.com The Kingdom of Bahrain has launched Wage Protection System (WPS) along with the collaborative effort of the Labour Market Regulatory Authority (LMRA) and Central Bank of Bahrain (CBB). WPS will require employers to pay their employees through any medium facilitated by entities licensed by the CBB, protecting worker’s financial rights which are governed by their contracts of employment. WPS is to be implemented as a three-phase programme with the first phase having commenced on 1 May. BFC Payments, the Fintech arm of BFC Group, delivers digital payments services for Corporates, SMEs, Proprietors and Consumers.