The BENEFIT Company was formed to enable the financial sector in Bahrain to forge strong and lasting connections with their customers from across a wide geographical base. And help steer these connections towards enriching the value quotient in all their interactions with member banks and other stakeholders.
As the key conduit for all electronic financial transactions throughout Bahrain, BENEFIT’s success has been made possible through a combination of skilled workforce, cutting edge technology, focused strategic planning and initiatives, and determination to provide the most modern financial service for those residing in Bahrain. 
BENEFIT was established in November 1997 by 17 commercial banks as the National ATM and Point of Sale switch of Bahrain. It was initially licensed by the Central Bank of Bahrain (CBB) to be ‘the provider of ancillary services for the financial sector,’ and soon expanded to cover markets outside Bahrain. 
 
BENEFIT’s range of services include operating of Automated Teller Machines (ATM), Point of Sale (POS), GCCNet supported by the GCC countries within the region connecting all ATMs and POS in the gulf, the GCCNet Dispute Management System, Credit Reference Bureau (CRB) for corporate and individuals customers, Telecom Bill Payment (Tele BP), Direct Debit (DD), Payment Gateway (PG), Internet Banking (IB), Bahrain Cheque Truncation System (BCTS) and Amex Cards withdrawal. In addition to varieties of outsourcing services offerings to local and region markets related to bank’s ATM processing, bank’s POS processing and Cards issuing and management through BENEFIT’s subsidiary “ SINNAD”. 

BENEFIT is administered by a Board of Directors who represents the shareholders. The company’s paid-up capital is to the value of BD 3.1 million (US$ 8.2 million approx.)


Banking

Payments

The BENEFIT Company

Abdulwahed AlJanahi

Ahmed al Mahri Mba

Yousif Alnefaiei

Ahmed Almahri

Layla Alqassab

The System and Application Support team at The BENEFIT Company is responsible for ensuring the smooth and efficient operation of all technical systems and applications critical to the financial services offered. This team manages system maintenance, troubleshooting, and upgrades, while also providing support for network security and internal audits. By collaborating with various stakeholders, they strive to enhance system reliability and user experience, ensuring robust infrastructure to facilitate electronic financial transactions across Bahrain and beyond.

System and Application Support

Finance and Administration

Marketing and Communications

System and Application Support

About

Team members

Other teams at The BENEFIT Company

Finance and Administration

Marketing and Communications