Jordan is one of the UAE’s largest outbound remittance corridors, with the annual outbound flow averaging over $1 billion Dubai, UAE: Careem Pay, the digital payments platform within the Careem app, expands its remittance service to Jordan, allowing UAE residents to send money directly to bank accounts in Jordan quickly and at competitive rates. Careem Pay […]
Visa and VANTAGE PAYMENT SYSTEMS Partners to Accelerate Digital Payment Adoption in Morocco
Rabat, Morocco — In a significant move toward advancing digital payments in Morocco, global payments leader Visa has announced a strategic collaboration with VANTAGE PAYMENT SYSTEMS (VPS) to enhance digital payment acceptance across the country. The partnership aims to broaden the rollout of Visa Acceptance Solutions, delivering secure, scalable, and future-ready payment infrastructure for merchants nationwide. […]
Paytm Appoints Ramana Kumar as CEO for Middle East Business
Source: CXOtoday.com With two decades of fintech and banking leadership, Kumar will lead Paytm’s expansion in the UAE and the broader Middle East. Paytm, India’s leading payments and financial services distribution company and pioneer of mobile payments, QR codes, and Soundbox, today announced the appointment of Mr. Ramana Kumar as Chief Executive Officer for its […]
American Express Middle East celebrates 30 years of the Platinum Card with new exclusive benefits
Dubai, United Arab Emirates – American Express Middle East is celebrating the 30th anniversary of The Platinum Card® in the region unveiling exclusive benefits designed to align with the evolving aspirations of its Card Members. To celebrate this milestone, Platinum Card Members are invited to enjoy two exclusive benefits until December 31, 2025 — a new […]
Blue Remit and Saad Exchange join forces to drive Innovation in Cross-Border Digital Payment
Dubai, UAE – 13 May 2025 – Blue Remit Limited, a subsidiary of Al Ansari Financial Services PJSC, one of the fastest-growing digital remittance players, has partnered with Saad Exchange, a leading cross-border remittance provider in the UAE. This strategic alliance aims to expand access to secure, seamless, and compliant cross-border digital payment solutions through […]
Botim becomes UAE’s first fintech to roll out Jaywan Cards
In a significant advancement for the UAE’s digital economy, Astra Tech’s flagship platform, Botim, has partnered with Mbank, a leading digital bank in the UAE, to introduce the nation’s first fintech-integrated Jaywan card scheme. The announcement was made during a signing ceremony at the Dubai Fintech Summit, with the presence of Dr. Tariq Bin Hendi, […]
UAE’s O Gold and Mawarid Finance partners to launch region’s first Shariah-compliant gold-backed prepaid card
Dubai, United Arab Emirates – In a landmark move for ethical finance and fintech advancement, O Gold, the UAE’s leading digital gold investment platform, has partnered with Mawarid Finance, a premier UAE-based Shariah-compliant financial institution established in 2006, to jointly develop and launch the region’s first Shariah-compliant prepaid card backed by physical gold. Founded to democratize […]
Salik and ENOC partners to introduce smart seamless payment solutions at service stations
Dubai, UAE: Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, has announced the signing of a Memorandum of Understanding (MoU) with ENOC Group, a leading integrated global energy player, to develop smart and seamless payment solutions that enhance the customer experience at ENOC service stations. The Memorandum of Understanding (MoU) […]
Visa and Stripe’s Bridge Partner to launch Stablecoin Card Issuing Product
Developers using Bridge can now programmatically issue stablecoin-linked Visa cards in multiple countries through a single API integration. With these new cards, businesses and individuals can spend their stablecoin balance on everyday purchases, anywhere Visa is accepted. SAN FRANCISCO—Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a […]
The Future is Here: Visa Announces New Era of Commerce Featuring AI
Global leader brings its trusted brand and powerful network to enable payments with new technologies Launches new innovations and partnerships to drive flexibility, security and acceptance The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of […]