Careem Pay has recently introduced a new, affordable international remittance service to Lebanon in partnership with the Purpl digital wallet. With this service, money can be transferred from AED into US$ from a Careem account to a mobile number linked to a Purpl wallet in Lebanon, removing the need for a recipient bank account.  Beneficiaries can withdraw cash from their Purpl wallets from Banque Libano-Francaise (BLF) ATMs without fees or from OMT stores with minimal fees of just 0.5%.  The service also provides a low sending fee of up to 1.5% and transfer times averaging just 15 minutes. This comes as the service is designed to address the ongoing financial challenges faced by the Lebanese community, offering a solution for unbanked users as well as those with refugee documentation. (ICE BEIRUT)

Fonte notizia: Bank Audi, Lebanon Weekly Monitor, 23 - 29 Dec. 2024