Bahrain just proved it’s serious about going cashless. According to a recent study by FOREX Index, the Kingdom ranked second in the Arab world for having the lowest use of cash in 2025. Only 20% of daily transactions are now done with cash — putting Bahrain right next to the UAE, which holds the top spot with the same percentage.
Qatar followed with 25%, while Saudi Arabia and Kuwait tied at 30%, showing that the Gulf is moving fast toward a fully digital future.
The country’s digital payment boom is led by Benefit Company, the force behind the popular BenefitPay app — basically every Bahraini’s go-to for paying bills, transferring money, or even splitting the dinner tab.
In 2024 alone, electronic transactions through Fawri, Fawri+, and Fawateer hit a massive BD 33 billion. The Fawri+ service saw a 26% jump to 420 million transactions, and by the first half of 2025, it climbed another 15%. Even better? The daily transfer limit is now BD 3,000, making cashless life smoother than ever.
With Gulf countries leading the shift, it’s clear the region’s next big trend isn’t just about tech — it’s about how people spend, send, and save. And Bahrain’s on track to become one of the first truly cashless societies in the Arab world.
