Syrian Central Bank Signs Agreement with Visa for Digital Payments

The Central Bank of Syria (CBS) has signed a cooperation agreement with Visa to establish a modern digital payment system aimed at enhancing the country’s financial infrastructure. This collaboration will involve issuing payment cards and enabling digital wallets to comply with international standards, using cost-effective solutions like QR codes. CBS Governor Abdulkader Husrieh highlighted the importance of this partnership for economic transparency and modernization. This initiative follows a prior agreement with Mastercard to improve Syria’s digital payment landscape.

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