NEWS
5/1/2026AI summary
Visa Partners with Emirates NBD to Process Domestic Card Payments Locally in UAE
Visa has appointed Emirates NBD as its National Net Settlement Service agent in the UAE, enabling domestic Visa card transactions to be settled locally in UAE Dirhams instead of through international channels. The partnership aims to accelerate transaction processing for retail, dining, and travel payments while reducing dependencies on international networks and potentially lowering banking fees over time.
E
Economic Times