The payment company is the first acquirer in the UAE to launch Visa Direct’s solution, enabling safe, instant money transfers.
The real-time payment service will launch in the US later this year, as the platform evolves into a Western equivalent of China’s WeChat.
The fast-growing fintech is now officially able to issue prepaid Visa cards from its UAE base, paving the way for further international expansion.
The partnership will merge the capabilities of both companies as they plan innovative new solutions for the MENA region.
