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News  ›  Benzinga

Visa Expands Into Syria, Enabling EMV Cards, Digital Wallets

Benzinga Logo Benzinga By Lekha Gupta
Visa Expands Into Syria, Enabling EMV Cards, Digital Wallets

Visa announced a partnership with the Central Bank of Syria to integrate the country into the global digital economy, focusing on developing a modern payments infrastructure with EMV chip cards and digital wallets.

Insights
META   negative

Significant capital expenditure with uncertain AI technology returns


V   positive

Expanding into a new market, establishing partnerships with local financial institutions, and supporting digital economy transformation indicates strategic growth and business opportunity