Uber subsidiary Careem is planning to roll out new financial payment services in partnership with Visa to provide its drivers with quicker access to their payments for completed trips, according to Menabytes. The new system will also offer a new reduced-fee remittance platform. The program will be rolled out in Egypt, the UAE, Saudi Arabia, Jordan, and Pakistan, but the timeline remains unclear.
More from Enterprise
The digital EGP won’t look different at checkout — but it will work nothing like InstaPay
Every instant payment today depends on your bank or telco.…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Inside the retail wave reshaping EGX
Individuals are setting EGX prices day to day, trading on…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…