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Home News Syria Reconnects to Global Finance with Visa Card Test

Syria Reconnects to Global Finance with Visa Card Test

Aug 27, 2026
71 min
8
Aug 27, 2026 08:31
Syria now offers international card payments as financial system reconnects

## Visa's First International Transaction in Syria

Visa has successfully conducted its first live international card transaction in Syria. This marks a significant step towards enabling international visitors to use Visa cards in the country. The test was carried out in collaboration with Fransabank Lebanon and Paymera, aiming to expand digital payment capabilities in Syria.

## Financial System Modernization

The Governor of the Central Bank of Syria, Mohammed Safwat Raslan, emphasized the importance of modernizing Syria's payment ecosystem. This initiative is part of broader efforts to integrate with international payment systems, facilitating commerce and tourism.

## Strategic Roadmap and Future Plans

Visa's recent test builds on a strategic roadmap announced in December 2025. The company plans to work with local financial institutions to introduce payment cards and digital wallets, utilizing technologies like EMV chip and tokenization. These efforts aim to support merchants and enhance Syria's digital economy.

## Reconnecting with the Global Economy

This development coincides with Syria's broader efforts to reintegrate into the global financial system. In May, Syrian banks were authorized to collaborate with Visa and Mastercard. Additionally, the US recently removed Syria from its state sponsors of terrorism list, easing legal and compliance concerns for financial institutions.

## Collaborative Efforts

Fransabank and Paymera are key partners in this initiative, focusing on restoring international card acceptance in Syria. They are committed to maintaining governance and compliance standards while supporting the country's digital transformation.

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