Visa Partners with Syria's Central Bank to Develop Digital Payment Ecosystem
Visa has announced a strategic partnership with Syria's Central Bank to facilitate the country's integration into the global digital economy. This collaboration aims to establish a comprehensive digital payments ecosystem in Syria, which has been largely isolated from the global financial system due to years of civil conflict. The partnership includes a phased digitization plan focusing on developing a secure payments infrastructure, issuing payment cards, and enabling digital wallets. Visa's initiative is expected to benefit micro, small, and medium enterprises (MSMEs) by providing low-cost, open acceptance solutions and enhancing financial inclusion. 
