Visa and Mastercard Enable First International Payments in Syria

Payment networks Visa and Mastercard have successfully processed their first global transactions in Syria, marking a significant step in financial reintegration. The move coincides with parallel efforts to simplify international remittance channels from Switzerland.

31 Aug, 08:47 — 31 Aug, 08:47

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swissinfoHigh2d ago

Visa and Mastercard to simplify global transfers from Switzerland

Credit card giants Visa and Mastercard are using the Swiss Payinit platform to simplify international money transfers for Swiss bank customers. Both groups are collaborating with Payinit, the Swiss joint venture between Viseca and Cornèr Bank. Payinit is developing a shared platform through which Swiss banks and other card issuers can integrate Visa and Mastercard’s services into their own digital offerings. Customers will still be able to send money directly via their usual banking app. Indi...

By swissinfo.ch

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First report: swissinfo · 31 Aug, 08:47|Full coverage: 2 · 17m|Window: 17m

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swissinfo31 Aug, 08:47First to report

Visa and Mastercard to simplify global transfers from Switzerland

Yahoo31 Aug, 09:04Latest update

Visa and Mastercard Enable First International Payments in Syria

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Visa and Mastercard to simplify global transfers from Switzerland

Coverage Timeline

Visa and Mastercard to simplify global transfers from Switzerland

Visa, Mastercard process first global payments in Syria

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