Visa supports cross-border transfers in Bahrain [Yahoo! Finance]
Visa Inc. (V)
Last visa inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
Visa is launching this new cross-border remittance service in partnership with local banks, through the BenefitPay app. Initially, this service is accessible to clients of Bahrain Islamic Bank (BisB) and Khaleeji Bank. Visa+ allows BisB and Khaleeji Bank customers to send funds to Visa debit and prepaid cardholders across the GCC without the need to share sensitive card or bank account details. The service uses a mobile number as an alias for the transaction, which enhances the security and simplifies the transfer process. This move is part of an initiative to create a cross-border payment network. The initial phase includes BisB and Khaleeji Bank in Bahrain, Emirates NBD in the UAE, and Qatar Islamic Bank in Qatar. The goal is to connect multiple banks across the GCC and eventually expand to include Pakistan and EU countries, facilitating global remittances. Visa+ aims to provide financial institutions with the capability to offer their customers a secure and private m
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News
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V
Earnings
- 10/28/25 - Beat
V
Sec Filings
- 12/12/25 - Form 4
- 12/12/25 - Form 4
- 12/11/25 - Form 144
- V's page on the SEC website