Company profile
The BENEFIT Company
Bahrain's Electronic Network For Financial Transactions
- Industry
- Financial Services
- Employees
- 180
- Headquarters
- Seef Area, Al Manama
- Founded
- 1997
- LinkedIn followers
- 36,160
- Office locations
- 1
The BENEFIT Company company summary
The BENEFIT Company is a company in the Financial Services industry, headquartered in Seef Area, Al Manama, founded in 1997. On LinkedIn the company has around 180 employees and 36,160 followers. Its listed specialties include Fintech, POS, ATM, Switch, CRB.
What technology does The BENEFIT Company use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About The BENEFIT Company
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.)
Specialties
Where is The BENEFIT Company located?
The BENEFIT Company lists 1 location.
Compare companies similar to The BENEFIT Company
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| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
The BENEFIT Company benefit.bh | Financial Services | 180 | 1997 | Seef Area, Al Manama |
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Frequently asked questions about The BENEFIT Company
What does The BENEFIT Company do?
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.)
How many employees does The BENEFIT Company have?
The BENEFIT Company has around 180 employees on LinkedIn.
Where is The BENEFIT Company headquartered?
The BENEFIT Company is headquartered in Seef Area, Al Manama.
When was The BENEFIT Company founded?
The BENEFIT Company was founded in 1997.
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