Comera Pay, a part of Abu Dhabi’s Royal Group and licensed by the UAE Central Bank, has achieved principal membership with Visa, a global leader in digital payments. This milestone enables Comera Pay to issue Visa prepaid and debit cards directly in the UAE, reinforcing its status as a leading fintech innovator and provider of secure, seamless payment solutions.
With this new membership, Comera Pay is set to introduce a multicurrency service, allowing consumers to easily transact both locally and internationally. Customers can select from various Visa card tiers tailored to their individual needs and lifestyles:
· Visa Classic – ideal for everyday secure and convenient payments
· Visa Platinum – offers enhanced benefits, lifestyle perks, and premium services
· Visa Infinite – provides exclusive privileges, elite rewards, and global access
By integrating the Comera Pay wallet with Visa’s worldwide acceptance network, users will enjoy greater flexibility, faster settlements, and secure transactions across multiple currencies. This achievement aligns with the UAE’s strategic vision of digital transformation and a cashless economy, offering consumers more choices and convenience in managing their finances.
Akhtar Saeed Hashmi, Managing Director and Group CEO of Comera Financial Holdings, stated: “Securing principal membership with Visa marks a transformative milestone for Comera Pay. It strengthens our capability to offer innovative, seamless, and globally accepted financial solutions, while emphasizing our commitment to security and convenience. The forthcoming Comera Pay Multicurrency service will empower consumers and businesses to manage their finances with greater ease and confidence. As part of the Royal Group and regulated by the UAE Central Bank, we align proudly with Abu Dhabi’s digital vision.”
Salima Gutieva, Visa’s VP and UAE Country Manager, expressed: “We are thrilled to welcome Comera Pay as a Visa principal member. This achievement will enable Comera Pay to provide innovative, secure, and globally accepted payment solutions to UAE consumers and businesses, reinforcing the country’s status as a fintech innovation and digital commerce hub.”
The Comera Pay Multicurrency service will soon launch, positioning Comera Pay, part of the Royal Group and regulated by the UAE Central Bank, at the forefront of the region’s dynamic fintech landscape.
