- A company based in the UAE is actively seeking to expand its business interests into the Syrian market.
- Visa and Mastercard enabled payments in Syria using a local app, applying a successful UAE model.
Visa Inc. and Fransabank are testing international transactions in Syria in cooperation with the acquiring financial institution.
1 report, 1 independent
Updated Aug 27
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Visa Inc. and Fransabank are testing international transactions in Syria in cooperation with the acquiring financial institution.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Visa and Mastercard enabled payments in Syria using a local app, applying a successful UAE model.Also in this story
- Visa and Mastercard are conducting first post-removal transactions in Syria, alongside efforts to rebuild state institutions and integrate into counter-terrorism initiatives.
- Visa Inc. and Mastercard are initiating international card transactions in Syria.
The entities involved
Related events
- Seeking foreign capital to expand the banking sector of the Central Bank of Syria.
- Visa Inc. and Mastercard are accused of being used to process funds for money laundering schemes.
- Turkish investigations link to financial flows in Syria, while security forces operate in Istanbul under national mandate.
- Visa Inc. announced a partnership with Dunamu to blend digital assets with global payments.
- Visa conducted a study on digital payment trust and Visa Asia Pacific manages fintech development in the region.