Fawri+
Country: Bahrain (BH) | Payment Rail: real_time_payment
RealTimePayment
Market Adoption: 12%
Fawri+ is the national instant fund transfer system in Bahrain, featuring 30-second bank settlements via mobile numbers or IBAN widely used for instant transfers, merchant settlements, and bill payments.
🔄 User Payment Flow
- User selects Fawri+ or enters merchant mobile number / IBAN
- User opens mobile banking app or BenefitPay to initiate transfer
- User confirms transaction details and authorizes via biometric or OTP
- Funds arrive in recipient account within 30 seconds
⚙️ Characteristics & Settlement
| Instant Payment | YES |
| Supports QR | YES |
| Supports Recurring | NO |
| Supports Refund | YES |
🛠️ Merchant Integration Steps
- Merchant generates dynamic Fawri+ payment reference or QR code
- Customer initiates instant push transfer through banking rail
- BENEFIT EFTS engine clears transaction in under 30 seconds
- Merchant receives real-time settlement notification
🚀 Supported Payment Gateways & Acquirers (PSPs)
🔌 Tap Payments