News
Careem Pay Launches UAE–Jordan International Remittance
UAE residents can now transfer money to Jordanian bank accounts via the Careem Pay app, enjoying fast transactions, competitive rates, and low fees.
Careem Pay, the digital payments service integrated within the Careem app, has expanded its international money transfer offerings by launching direct bank transfers from the UAE to Jordan. The new service responds to demand from the UAE’s substantial Jordanian expatriate community, who send over USD 1 billion annually to support family, education, and personal investments back home.
Jordan joins an established network of popular remittance destinations already supported by Careem Pay, including India, Pakistan, Egypt, Lebanon, the UK, Europe, and the Philippines. The introduction of this service coincides with increased activity around Arafah Day and Eid Al Adha, when remittances typically spike as expats send money home for charity and festive preparations.
Mohammad El Saadi, Vice President of Careem Pay, highlighted the importance of this service: “Sending money home is one of the most meaningful things our customers do with Careem Pay. For many Jordanian expats, it’s about supporting loved ones, covering school fees, or helping parents with everyday expenses. We wanted to make that process simpler, faster, and more affordable”.
To mark the launch, Careem Pay is offering first-time users zero-fee transfers for their first two transactions to Jordan. Regular users can transfer up to AED 25,000 per transaction for a fixed fee of AED 10, while Careem Plus members enjoy zero fees on transfers above AED 1,500, along with reduced charges for smaller amounts. Additionally, Careem Plus subscribers gain benefits across other Careem services, including discounted rides and free food and grocery deliveries.
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Funds sent via Careem Pay arrive within 24 hours on average — providing a speed comparable to traditional exchange houses — and are directly credited in Jordanian Dinars to any valid Jordanian International Bank Account Number (IBAN). This streamlined process underscores Careem Pay’s commitment to simplifying financial transactions for its users.
To start sending money to Jordan or explore other remittance corridors, users simply need to download the latest Careem app update and select the “Send Money” feature directly from the home screen.
News
Stake Powers Instant Payouts With Checkout.com Pay To Card
The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.
Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.
After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.
The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.
Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.
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Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.
Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.
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