Increase in point-of-sale payments
Recent data has shown an increase in the number of Point of Sale (POS) devices in Bahrain during this year. Approximately 2,550 new devices were added over the past seven months, bringing the total to around 67,400 devices by the end of July. Transactions via POS, especially contactless card payments, have seen a significant rise, totaling over 132 million transactions in the first half of the year with a value exceeding 2.4 billion Bahraini dinars. There has also been a broader use of these devices in small shops, even for transactions as low as 100 fils. This reflects the development of services and the market's shift toward digital transactions while reducing cash usage.
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