Abstract
AbstractThis study illustrates the progress financial technology made in the recent years in terms of digital payments in Bahrain. It emphasises on the roles of Bahrain FinTech Bay and Central Bank of Bahrain in terms of regulations, operations and monitoring the establishment cycle of electronic payment systems. This study examines the impact of the newly electronic payment systems on Bahrain economy development due to the high demand for digital payment options and transferring into a cashless society, and the fast continuous growth of the financial technology services. The findings indicates that digital payment systems have impact on Bahrain social welfare and overall economic development.KeywordsFintechEconomic developmentDigital banking
Published Version
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