The mobile payment arm of telecommunications company du – du Pay – has formed a partnership with global payments processor Visa, the company said in a statement. The collaboration sees du Pay become a principal member, enabling it to issue Visa cards.
Customers of du Pay will now be able to order both digital and physical prepaid Visa cards directly through the app.
The cards give access to a universally accepted payment method securely.
du Pay partners with Visa to advance digital payments
“du Pay and Visa have a shared aim to empower the financially underserved in the UAE, transcending the traditional boundaries of payment solutions. We are committed to making payment processes faster, simpler, and more secure while simultaneously enhancing financial inclusion. The strategic collaboration is poised to accelerate digital empowerment with a focus on inclusivity and serve the needs of those without traditional banking services, ensuring simplified access to products,” Nicolas Levi, CEO of du Pay said.
The integration of Visa’s capabilities intends to let du Pay broaden its financial solutions. It seeks greater alignment with customer lifestyles and adds flexibility to the du Pay platform, the statement said, adding that both companies are committed to empowering communities through accessible financial services.
“With du Pay’s Visa prepaid card, we are helping extend the benefits of digital commerce to more consumers in the UAE. This partnership aligns with the UAE government’s efforts to drive financial inclusion by introducing innovative, secure digital payment solutions. Visa is proud of this collaboration with du Pay and to be their partner of choice to support their entry into digital payments,” Salima Gutieva, Visa’s VP and Country Manager for UAE added.
Follow us on
