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Sector Analysis
Bahrain Cards and Payments – Opportunities and Risks to 2027
Bahrain Cards and Payments Market Report Overview The Bahrain cards and payments market size is $11.5 billion in 2023. The market is expected to achieve a CAGR of more than 11% during 2023-2027. Cash usage is gradually declining in Bahrain. In contrast, payment card adoption is gradually rising, driven by the combined efforts of the government, private companies, and banks to encourage electronic payments. This is supported by the initiatives of the Central Bank of Bahrain (CBB) to boost electronic...