almatar and Visa Sign Strategic Partnership in Payments and Financial Technology Solutions

almatar and Visa, a leader in digital payment have signed a strategic partnership in the field of payments and financial technology solutions, aimed at developing solutions that serve almatar’s customers across both its consumer and business sectors, while leveraging the capabilities of both parties to provide more integrated and flexible services that address their needs in Saudi Arabia and internationally.

Signed at Money20/20 Middle East 2026, the partnership brings together almatar’s expertise in travel and technology with Visa’s global expertise in payments and financial technology, leveraging the capabilities of both parties to develop solutions that address evolving customer needs and enhance their travel experience.

Commenting on the partnership, Faisal Alrajhi, Co-Founder and Group CEO of almatar, said:

“At almatar, we want the value we provide to our customers to extend beyond booking flights, hotels, and travel experiences. Our partnership with Visa reflects this direction by leveraging payment solutions to connect everyday spending with travel benefits, creating an experience that delivers greater value, flexibility, and convenience to our customers throughout their journey.”

Commenting on the partnership, Devender Agarwal, CEMEA Head of Global Clients, Tech Partners and Merchant Business & GCC Acceptance at Visa, said:

“Travel is increasingly becoming a connected digital experience, and payments play a critical role in making every stage of that journey more seamless and rewarding. Through our partnership with almatar, we are bringing together Visa’s global payments capabilities and almatar’s travel ecosystem to create innovative solutions that deliver greater value, convenience, and flexibility for travelers across Saudi Arabia and beyond.”

The almatar anb Visa Credit Card is one of the first outcomes of this partnership, connecting everyday spending with the way customers travel and providing a range of rewards and benefits, including benefits on flight and hotel bookings, rewards on spending, travel-related services, and an upgrade to the highest tier of almatar’s Jawwak loyalty program.

This collaboration reflects a shared vision between almatar and Visa to leverage payment solutions to enhance the customer experience and support a more seamless and integrated travel journey, in line with evolving customer needs and expectations.

About almatar

almatar is a Saudi travel technology company providing innovative digital solutions that help shape the way people travel, making it simpler, smarter, and more seamless. Through an integrated digital platform, almatar brings together flights, hotels, and additional travel services in one experience, while also providing corporate travel solutions through almatar Business and B2B solutions for travel partners.

almatar is supported by advanced infrastructure and strong technological and human capabilities that enable the efficient and flexible delivery of advanced travel booking and service solutions. By combining technology, innovation, and a deep understanding of evolving travel needs, almatar continues to develop solutions that enhance travel experiences, expand choice, and contribute to the advancement of the digital travel landscape in Saudi Arabia and beyond. Learn more at almatar.com.

About Visa

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.