Khaleeji Bank, a leading Islamic bank in Bahrain, has introduced Visa+, a revolutionary new service that allows users to send money to Visa cardholders across the GCC using only the recipient’s mobile number. This service marks a significant step towards digital banking innovation, reflecting the market’s readiness for next-generation financial solutions.
With Visa+, Khaleeji Bank customers can transfer funds to Visa debit and prepaid cardholders in other GCC countries without needing to share sensitive information such as 16-digit card numbers or International Bank Account Numbers (IBANs). This enhances both the security and convenience of transactions.
Ms. Ameera Al Abbasi, Head of Retail Banking at Khaleeji Bank, commented, “As a bank that consistently leads in delivering innovative solutions to our clients, we are proud to introduce Visa+. This service represents a transformative shift in money transfers, providing a secure, modern, and easy-to-use platform that meets our customers’ evolving needs.”
Visa+ also benefits financial institutions by improving the money transfer experience and boosting privacy protections for both senders and recipients. The service is suitable for various purposes, including peer-to-peer payments, loan disbursements, and cross-border remittances.
Khaleeji Bank continues to lead the way as a pioneering Islamic financial institution in Bahrain, offering a broad range of Sharia-compliant services and investment opportunities for both individuals and businesses.