The Kingdom of Bahrain is a small island nation located in the Persian Gulf. It is one of the most progressive countries in the region, and it has been making strides in the digital economy. In recent years, Bahrain has become a leader in the region for its digital initiatives, including its contactless payment system. This system, known as Digital Bahrain, allows users to make payments with their smartphones or other devices without having to physically present a card or cash.
The Digital Bahrain system is part of a larger effort by the Gulf Cooperation Council (GCC) to promote a unified digital payments infrastructure across the region. The GCC Contactless Challenge was launched in 2018 to encourage the adoption of contactless payments in the region. The challenge was designed to encourage businesses and individuals to use contactless payments and to promote the use of digital wallets.
I recently completed my GCC Contactless Challenge by visiting Bahrain and making several contactless payments. I was able to use my smartphone to pay for meals, transportation, and even souvenirs. The process was incredibly easy and convenient, and I was impressed with how quickly I was able to complete my transactions.
However, there was one small exception to my GCC Contactless Challenge experience. While I was able to make contactless payments in Bahrain, I was unable to do so in other GCC countries. This is because each country has its own digital payment infrastructure, and there is currently no unified system across the region.
Despite this limitation, I am still very impressed with the progress that Bahrain has made in its digital economy. Digital Bahrain is a great example of how a small country can make big strides in the digital world. With continued investment and innovation, I am confident that Bahrain will continue to be a leader in the region for digital payments and other digital initiatives.
Source: Plato Data Intelligence: PlatoAiStream