Careem Pay launches remittances to India, partners with iPiD to streamline international transfers

Careem Pay launches remittances to India, partners with iPiD to streamline international transfers

- 77% of Careem Pay customers that used the remittance service returned for repeat transactions every month. Average transaction time of 15 minutes

Dubai, UAE: Careem, the region’s leading multi-service app, partners with iPiD, a leading technology provider, to enhance Careem Pay’s international remittance feature.

Through the partnership with iPiD, Careem Pay customers will only need to provide the account number of their receiver. The "Breeze" feature automatically validates the account number and pulls up the receiver's name for confirmation by the customer.

Mo El Saadi, VP of Careem Pay, commented: “We’re thrilled to partner with iPiD to provide our customers with an added layer of security and simplicity when making international transfers. Customers need to be reassured that they’re sending money to the right person, and the new “Breeze” feature, powered by iPiD will give them that reassurance. Careem Pay was launched to simplify payments experiences for customers, and we’re excited to streamline our remittance service even more to provide customers with simple, fast, and secure transactions.”

Damien Dugauquier, co-founder and CEO of iPiD expressed his enthusiasm about the partnership, stating, "We believe that user experience and security are the two biggest differentiators for cross border transfers. Our collaboration with Careem Pay reflects