23/10/2026 03:08 AST

etisalat money, the fintech arm of etisalat, has partnered with Visa to expand international money transfer options for consumers and businesses in the UAE through Visa Direct.

The collaboration is designed to support a broader range of cross-border payment use cases, including person-to-person remittances and small business international payments, through Visa Direct's global money movement network.

It will in also aim to introduce new cross-border payment capabilities within the etisalat money app, giving customers a secure and convenient way of sending money abroad.

Signing ceremony
The partnership was formalised during a signing ceremony at Visa's Central and Eastern Europe, Middle East and Africa (CEMEA) headquarters in Dubai Internet City.

It brings together etisalat money's digital financial services proposition and Visa Direct's global money movement capabilities, creating new opportunities for customers and businesses to send funds across borders through bank accounts, digital wallets and eligible cards.

Melike Kara Tanrikulu, Chief Executive Officer of etisalat money, said: "International money transfers are a critical part of how people and businesses stay connected across borders. As customer expectations evolve, the opportunity lies in offering greater choice and flexibility in how money moves. Our partnership with Visa Direct is a strategic step in broadening our international payment capabilities and strengthening our position in the digital financial services market. It also reinforces our focus on delivering practical financial solutions that meet the needs of our customers and support our long-term growth."

Fadi Moukaddem, Senior Vice President and Group Country Manager for the UAE, Kuwait and Qatar at Visa: "In money movement, trust is one of the most important currencies of success, and at Visa, we have spent decades building trusted and secure ways to connect people, businesses and economies. By combining Visa Direct's global network and capabilities with etisalat money's digital financial services proposition, we have an opportunity to provide consumers and businesses with greater choice in how money is sent and received internationally."

Four additional international transfer capabilities
Through the partnership, etisalat money plans to introduce four additional international transfer capabilities. Visa Direct to Card will enable customers to send funds directly to eligible recipients' cards using their card numbers. Visa+, an innovative service that aims to help individuals move money quickly and securely between different person-to-person (P2P) digital payment apps, will simplify eligible transfers by allowing customers to use a recipient's phone number instead of traditional banking credentials.

The synergy will also support personal-to-business transfers, allowing eligible customers to send money internationally from their personal etisalat money accounts to business accounts. In addition, SWIFT transfers will further expand the range of international payment options available through the app.

These capabilities will complement etisalat money's existing international money transfer services, which currently reach more than 150 countries. Customers can already send money through multiple payout methods, including bank accounts, digital wallets and cash pickup. The app also provides live exchange rates, estimated transfer times and transaction tracking, helping customers manage their transfers with greater visibility.

With both entities coming together, it will initially support transfers to key remittance corridors including India, Egypt, Pakistan, Bangladesh, Philippines, United Kingdom and China, while also enabling access to digital-wallet destinations across multiple markets. By connecting accounts, digital wallets and eligible cards through Visa Direct, the partnership is intended to support etisalat money's broader cross-border growth ambitions.


Trade Arabia

UAE's etisalat to hike connectivity to over 500 Tbps by 2030

06/10/2026

UAE's etisalat has launched a strategic project to develop and expand digital infrastructure capacity within the UAE and abroad to over 500 terabits per second (Tbps) by 2030.

This is an inc

Trade Arabia

e& UAE unveils secure communications solution Rannah

30/09/2026

e& UAE has unveiled Rannah, a "Made in UAE" secure communications solution developed in collaboration with the Cyber Security Council (CSC) and fully designed, developed and hosted in the country.

Trade Arabia

e& UAE and Accenture launch AI Transformation Alliance

16/09/2026

e& UAE and Accenture have signed a memorandum of understanding (MoU) to launch the AI Transformation Alliance aiming to accelerate digital and AI-led transformation across government and enterprise s

Trade Arabia

Ticker Price Volume
ETISALAT Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ORDS.ADX 12.98 0.00 (0.00%)
ORDS 11.59 0.07 (0.60%)
ZAIN 575.00 -1.00 (-0.18%)
OOREDOO 1,583.00 -67.00 (-4.07%)
STC.KW 580.00 5.00 (0.86%)
QNB completes second and largest riyal-denominated Shogun bond issuance

23/10/2026

QNB Group has successfully completed its second Qatari riyal-denominated Shogun bond issuance, raising QR750mn from a diversified base of Japanese investors. The 3-year transaction represents the lar

Gulf Times

KFH reinforces leadership in Kuwaitzation goals with participation in 'Watheefti 2026' career fair

23/10/2026

Reaffirming its commitment to nurturing national talent and empowering Kuwaiti youth, Kuwait Finance House (KFH) participated in the 5th edition of the "Watheefti 2026" career fair. Held at The Arena

Kuwait Times

MSCI upgrades NBK's ESG Rating to AA, positioning bank in 'Leader' category

23/10/2026

In a further affirmation of its leadership in sustainability and responsible banking, National Bank of Kuwait (NBK) has announced that MSCI has upgraded the Bank's Environmental, Social and Governanc

Kuwait Times

Zain and Ooredoo launch regional tower platform with first closing in Qatar, Kuwait

23/10/2026

Mobile Telecommunications Company KSPC ("Zain Group"; ticker: ZAIN) and Ooredoo QPSC ("Ooredoo"; ticker: ORDS) on October 22, 2026 announced the first closing of their regional tower transaction, bri

Kuwait Times

Burjeel Hospital partners with South Korea's ARPI to advance AI-powered cardiac diagnostics

23/10/2026

Burjeel Hospital Abu Dhabi has signed a Memorandum of Understanding (MoU) with South Korea-based ARPI Inc. to explore the clinical validation of AI-powered electrocardiogram (ECG) interpretation tech

Gulfnews