Syrian President makes country's first international Visa transaction
- Syrian President Ahmad al-Sharaa made the country's first Visa card payment in Damascus, marking a significant step toward reconnecting Syria with the global financial system after years of sanctions removal.
- Visa successfully tested a live international card transaction in Syria, collaborating with the Central Bank of Syria, Fransabank, and Paymera to enhance digital payment capabilities.
- The United States removed Syria from its list of state sponsors of terrorism, ending a designation held since 1979 and signaling sanctions relief.
- US officials described the removal as an opportunity to restart relations and boost Syria's economic recovery by removing barriers to investment.
13 Articles
13 Articles
The first test international card transaction marks another step in the country's reconnection to the global financial system, after decades of sanctions.
Syria's president pays for coffee with Visa card as sanctions era ends
Syria's president paid for a coffee in Damascus with a Visa card this week to mark the country's removal from the US list of state sponsors of terrorism and the reconnection of its banks to the global financial system.
Ahmed Shara (Jolani), the head of the jihadist regime in Syria, made an electronic payment with a Visa card at a restaurant in Damascus. Visa announced that a live international card transaction had been successfully tested in the country, marking a new step in Syria's process of reconnecting with the global financial system.
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