Comera Pay Joins Visa, Pioneers Multicurrency Payments Across UAE

Malaz Madani

Last updated 17-09-2025

3 min

Comera Pay gains Principal Membership with Visa to directly issue cards in the UAE.

It plans a multicurrency wallet for easier payments globally, using Visa's network for speed and security.

Managing Director Akhtar Saeed Hashmi calls it a milestone for digital innovation in Abu Dhabi.

Visa's Salima Gutieva believes this partnership will strengthen UAE's fintech standing.

The new solution targets frequent travellers and entrepreneurs, needing seamless, secure payments.

Comera Pay, a fintech player tied to Abu Dhabi’s Royal Group and operating under the approval of the UAE Central Bank, has just secured Principal Membership with Visa. In plain terms, this allows the company to directly issue Visa debit and prepaid cards across the Emirates. For a market that’s pushing hard towards digital payments and a cashless economy, that’s quite a feather in the cap.

The move also paves the way for a new multicurrency wallet solution. Essentially, customers will be able to make payments in different currencies—whether shopping in Dubai Mall or booking a hotel in Paris—with a greater degree of ease. Each customer can pick from multiple card tiers, matched to lifestyle and spending habits. Comera Pay says its service will lean on Visa’s global network to speed up transactions and improve security for cross-border payments, which sounds spot on given the region’s needs.

Akhtar Saeed Hashmi, the company’s Managing Director and Group CEO, called it “a transformative milestone,” stressing that the new setup should give both individuals and businesses more confidence in handling money. He also linked Comera’s direction to Abu Dhabi’s wider vision of leading in digital innovation. On the other side, Visa’s UAE chief, Salima Gutieva, welcomed Comera Pay into the fold, pointing out how the tie-up should bolster the country’s role as a hub for fintech.

Now, I’ve seen many startups across MENA wrestle with payment systems—it can be a bit of a faff juggling multiple cards, exchange rates and security checks. That’s why this could click with both frequent travellers and entrepreneurs who need smooth payment rails. I reckon the challenge, as always, will be in execution and whether the product truly makes users chuffed to bits rather than leaving them cold.

That said, the direction is in line with what we hear often at Arageek: regional growth hinges on giving people tools that let them act globally without hassle. And believe it or not, things like multicurrency settlements can make or break a young founder’s overseas expansion. If Comera Pay delivers, it could well become one of those quiet enablers shaping how money moves across borders.

The company hasn’t set a firm launch date yet, but the multicurrency product is expected soon. For fintech watchers in the Gulf and beyond, this will be one to keep an eye on—definately.

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