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Visa, AMF, Partner For Faster Cross-Border Payments

Visa, AMF, Partner For Faster Cross-Border Payments

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The Arab Monetary Fund (AMF) and Visa have signed a memorandum of understanding to enhance cross-border payments. Under the agreement, Visa will collaborate with Buna, the AMF’s regional payment platform, to offer participants and member banks quick, efficient, cost-effective channels for cross-border payments in Arab and international currencies, IBS Intelligence reported Thursday (Aug. 26.

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