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UAE Visa card payments set to speed up as local settlement replaces delays
Economy
Published on 4 May 2026
Domestic transactions will settle locally in dirhams
Visa card payments in the UAE are expected to feel noticeably faster after Emirates NBD was appointed as the National Net Settlement Service agent. Domestic card transactions can be settled locally in dirhams, cutting processing time and reducing dependence on international rails for routine purchases.
- Emirates NBD becomes the National Net Settlement Service agent
- Domestic Visa transactions can settle locally in dirhams
- Processing times should drop for everyday card purchases
- Less reliance on international systems for card payments
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times