MANAMA, April 18 -- With corporates process salaries of 400,000 employees each month, Al Salam Bank-Bahrain (ASBB) and Arab Financial Services (AFS) on Wednesday launched the first digital payroll solution in the Kingdom.
The initiative called Al Rateb Mastercard will enable employees to receive their salaries on the same day as their respective companies authorize online the bank to transfer the salary in Al Rateb Card.
The first digital payroll solution in the Kingdom of Bahrain, enabling employers to pay wages to unbanked workers digitally, in line with the recent Shura Council endorsement on the proposed law that mandates companies to pay workers through secure wage protection solutions.
Al Salam Bank-Bahrain (ASBB), the pioneering S...