Bahrain launches Smart Pay system MANAMA, Bahrain, May 26 (UPI) -- Smart Pay, the leading payroll solution from UAE Exchange, has been launched in Bahrain, Promoth Manghat, the company's vice-president, said Saturday. Trade Arabia newspaper said Saturday Smart Pay provides convenient payroll management and salary disbursal for organizations and easy salary collection for their employees, while complying with all labor laws of Bahrain. "Payroll management will now be a hassle-free process for organizations in Bahrain," Manghat said at Saturday's launch party. "This payroll solution, which was a huge success in the United Arab Emirates market, will enhance the convenience of companies in terms of their payroll management in Bahrain too; while it brings ease of salary collection and other value adds to the employees of these partnering companies," Manghat added. UAE Exchange, which was established in Abu Dhabi in 1980, launched its operations in Bahrain in 2008.