The Benefit Company (TBC) is the local switch in the Kingdom of Bahrain handling ATM and POS transactions among other services.
In addition, it connected the POS terminals to all the local issuers in the Kingdom.
A connection was also established with Shetab in 2005; linking all BENEFIT users with Iran's only switch.
In 2006, the company offered the payment gateway service, integrating more of the local banks onto one payment hub, allowing banks and their merchants to perform online transactions.
[2] In May 2012, Benefit started running the nation's check truncation system.