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Visa Card makes debut entry into Somalia


Thursday July 8, 2021

MOGADISHU (HOL) - The international payment service, Visa Card has made its first arrival in Somalia following its launch by the International Bank of Somalia (IBS).

The launch of Visa Card now adds to two the number of international payment services in Somalia.

Premier Bank launched Master Card service in 2018.

IBS Bank said the launch of the service for the first time in Somalia was geared towards meeting the needs of its client.

Information minister Osman Dube hailed the launch of the service noting it will go a long way in boosting the financial sector in Somalia.

Prime Minister Mohamed Roble graced the event.

The Prime Minister of the Federal Republic of Somalia, Mohamed Hussein Roble, withdraws money using a VISA card at an ATM during the launch of the VISA card service by the International Bank of Somalia (IBS) in Mogadishu, Somalia on 7 July 2021. The American digital financial payments service Visa, has partnered with IBS Bank to introduce Somalia’s first Visa financial card payment service. AMISOM photo / Fardowsa Hussein
The Prime Minister of the Federal Republic of Somalia, Mohamed Hussein Roble, cuts the ribbon to officiate the launch of the VISA card service by the International Bank of Somalia (IBS) in Mogadishu, Somalia. The service launched on Wednesday 7 July 2021, marks a significant milestone for Somalia’s re-emerging financial sector. AMISOM photo / Fardowsa Hussein
Ushers welcome guests at the launch of the VISA card service by the International Bank of Somalia (IBS) in Mogadishu, Somalia. The service launched on Wednesday 7 July 2021, marks a significant milestone for Somalia’s re-emerging financial sector. AMISOM photo / Fardowsa Hussein

 





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