Ca­reem cap­tains get in­stant ac­cess to daily earn­ings

Arab News - - Media -

Ride-hail­ing app Ca­reem and Visa, a global provider of dig­i­tal pay­ments ser­vices, have part­nered to ex­pand dig­i­tal fi­nan­cial in­clu­sion across the Mid­dle East and North Africa re­gion by in­te­grat­ing Visa cre­den­tials into the Ca­reem Pay Su­per App. The move pro­vides Ca­reem’s cap­tains (the term used for Ca­reem driv­ers) ac­cess to fi­nan­cial pay­ment ser­vices that aim to re­solve liq­uid­ity chal­lenges as­so­ci­ated with cash con­ver­sion, re­mit­tances and real-time ac­cess to funds.

Ini­tially, Ca­reem’s cap­tains in five coun­tries will be is­sued with Visa card cre­den­tials that will al­low them to ac­cess a va­ri­ety of ad­vanced pay­ment so­lu­tions. The Ca­reem Pay Su­per App will be equipped with Visa’s real-time push pay­ment so­lu­tion Visa Di­rect that al­lows fast, safe, con­ve­nient, and real-time pay­ments di­rectly to el­i­gi­ble cards, ac­counts and wal­lets. This will en­able Ca­reem cap­tains to in­stantly ac­cess earn­ings from their daily trips in real-time as op­posed to any time lags.

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