Manama:Visa, a leader in digital payments, has announced plans to establish an office in Bahrain, with an expected opening in 2027. This move is part of Visa's long-term commitment to the market, as revealed during the fourth edition of Gateway Gulf held at the Four Seasons Hotel Bahrain Bay.
According to Bahrain News Agency, the forum, hosted by the Bahrain Economic Development Board (Bahrain EDB), was themed "Reimagining Global Partnerships, Powering Sustainable Growth," emphasizing the evolving payments landscape in Bahrain driven by increased digital adoption.
Visa has been collaborating with financial institutions, merchants, and partners in Bahrain for decades, focusing on secure and convenient digital commerce. The new office is aimed at strengthening Visa's presence and enhancing collaboration with local clients and partners to meet changing consumer and business demands for digital payment solutions.
Ahmed ElKaffass, Visa's Country Manager for Bahrain, highlighted the significance of this development, noting that the new office will deepen Visa's local collaboration, combining its global capabilities with local expertise to benefit consumers, businesses, and the economy.
Dalal Buhejji, Executive Director of Financial Services at Bahrain EDB, remarked that Visa's decision to establish an office underscores Bahrain's attractiveness as a hub for international financial and technology companies, further bolstering the Kingdom's digital payments ecosystem and fostering innovation and collaboration.