By Avinash Saxena
More than 11 million cashless transactions were recorded in Bahrain last month, 55.5 per cent higher than September 2020, shows the latest Central Bank of Bahrain (CBB) data.
Infographics from the banking regulator reveal the volume of cashless payments was 11,508,678 (69.1pc of them contactless) in September, whereas the total value of purchase of products and services using credit and debit cards at both points of sale and online (e-commerce) grew 38.3pc year-on-year (YoY) to BD284 million.
E-commerce saw a 7.4pc jump in volume YoY and a 30.4pc jump in value, further indication of a secular bounce-back into expansionary territory.
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