Careem Pay expands international remittance services to UK

Careem Pay expands international remittance services to UK

Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance services to include ‘Faster Payments’ to the United Kingdom for residents of the UAE. Careem Pay enables customers, Captains, and business owners to manage their money, settle bills, and make seamless transactions both within and beyond the […]Careem Pay, the digital wallet and fintech platform within the Careem Everything App, has expanded its international remittance services to include ‘Faster Payments’ to the United Kingdom for residents of the UAE.

Careem Pay enables customers, Captains, and business owners to manage their money, settle bills, and make seamless transactions both within and beyond the app.

The Careem Pay international remittance service to India and Pakistan has been adopted by expats across the UAE. One customer sent $93,217 to Pakistan throughout 2023.

The new UK remittance service enables customers in the UAE to send money to UK bank accounts in a matter of minutes using just the recipient bank account number and sort code, or the IBAN. With competitive foreign exchange rates, customers can transfer up to $12,252.5 in a single transaction and up to $36,759.2 monthly.

Mohammad El SaadiVP – Careem Pay

“Careem Pay’s purpose is to simplify and