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Benefit reports $42.4m electronic transactions MANAMA, 28 days ago Benefit, Bahrain’s innovator and leading company in Fintech and electronic financial transactions services has announced massive increase of online payment transactions in 2020.    The rate of making payments through the Electronic Fund Transfer System (EFTS) increased by 292% with the total value exceeding BD16 billion ($42.44 billion) for the year 2020 in comparison to BD13 billion in 2019, which is an increase of 19%.   Payments through the Electronic Fund Transfer System (EFTS) via the “Benefit Pay” applicat...

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