Barq has announced a strategic partnership with Western Union, a global leader in international money transfers. This collaboration is set to redefine remittance services in the Kingdom, allowing millions of users to send and receive money through the barq app with unmatched ease and security.

By merging Western Union’s extensive global payment network with barq’s advanced financial technology, users can now enjoy immediate access to international money transfer services directly within the barq app. This partnership aligns perfectly with the objectives of Saudi Vision 2030, which emphasizes accelerating digital transformation and promoting financial inclusion across the Kingdom.

With this integration, barq users will benefit from enhanced convenience and faster transactions, enabling them to send money globally with a trusted partner. The collaboration promises secure international transfers at competitive rates, significantly reducing the time and effort required, leveraging Western Union’s network that spans over 200 countries.

Faisal Al-Khamisi, chairman of barq, emphasized that this partnership represents a strategic advancement positioning barq at the forefront of financial innovation. He noted that it aligns with the Kingdom’s Vision 2030, which seeks to accelerate digital transformation and enhance financial inclusion. Al-Khamisi added that providing advanced financial solutions transcends merely offering payment services; it involves transforming the user experience, which is being achieved through this integration by providing easy, fast, and secure international remittance services to millions of users.

This partnership highlights barq’s commitment to financial empowerment and innovation, reinforcing its status as a leading digital financial services company in Saudi Arabia.

Notably, barq has emerged as the fastest-growing digital wallet in the Kingdom, boasting over three million satisfied users in a remarkably short time since its launch. The company continues to enhance user experiences and deliver world-class financial services through groundbreaking partnerships and alliances.