Tamkeen offers customers efficient and streamlined payment processing with Fawateer
The Labour Fund (Tamkeen) offers its Enterprise Support customers enhanced payment processing through “Fawateer” service, in collaboration with Bahrain’s Electronic Network for Financial Transactions “Benefit”. This initiative is in line with Tamkeen’s ongoing efforts to enhance the efficiency of its services through the adoption of innovative digital tools that provide a smoother and more user-friendly experience for its beneficiaries.
By utilizing Fawateer, enterprises can reduce the total time required to process payments for Enterprise Support requests by half compared to traditional procedures. The service also offers the flexibility to partially or fully pay the invoice amount, depending on the enterprise needs, and reduces the required payment documents and relies instead on service completion reports and pictures of the supported products. This provides Tamkeen’s customers with a streamlined, faster, and more secure payment experience.
Tamkeen is committed to implementing innovative solutions in collaboration with public and private sector institutions to enhance productivity and support development efforts. This approach is designed to offer services tailored to customer requirements, enhance service quality and provide expedited experiences by adopting cutting-edge technology.
On this occasion, Mr. Ali Al Hayki, Chief Financial Officer at the Labour Fund (Tamkeen) stated: “Tamkeen prioritizes improving service quality for both individuals and enterprises by adopting innovative solutions that drive ongoing development and digital transformation. Through our ongoing partnership with Benefit, we reaffirm our dedication to supporting a culture of digital transformation and utilizing advanced technology to provide seamless, highly efficient and distinguished customer experiences.”
This initiative is aligned with Tamkeen’s strategic priorities for 2025, which focus on enhancing the position and competitiveness of Bahrainis in the private sector, equipping Bahrainis with suitable skills for career development in the private sector, and prioritizing enterprise growth, digitization, and sustainability, and supporting the development of the ecosystem surrounding the labor market and private sector.