Visa Expands Visa Direct Money Transfer Network Across Saudi Arabia

Visa has announced the continued expansion of its Visa Direct ecosystem in Saudi Arabia, working with financial institutions including alrajhi bank, Alinma Bank and Saudi Awwal Bank (SAB) to support faster and more seamless domestic and cross-border money transfers. Visa Direct enables participating banks, fintechs and payment providers to facilitate money transfers to eligible cards, accounts and wallets worldwide through Visa’s global network. Visa said Visa Direct card transaction volume in S