Damisa Rolling Out Local Payment Rails in the Gulf
Short‑stop for businesses that want to ditch the rocky bridge of cross‑border banking. Damisa has officially launched instant, friction‑free transactions in the native currencies of six GCC countries, letting partners buy and sell in real‑time straight from local bank accounts.
Supported Currencies
- Bahraini Dinar (BHD)
- Omani Rial (OMR)
- Qatari Riyal (QAR)
- Saudi Riyal (SAR)
- UAE Dirham (AED)
- Kuwaiti Dinar (KWD)
“It’s the first brick in building a smoother global asset transfer road.” says Jordan Lawrence, CEO and Co‑Founder. “We’re plugging straight into local financial systems, so the history‑dating delays and sky‑high FX fees lose their power.”
For sectors that thrive on speed—real estate, travel, education, e‑commerce—the new infrastructure is a game‑changer. Instead of watching money inch its way across doors, it rolls in instantly, leaving compliance headaches and bank‑holdovers in the past.
What Damisa Provides Beyond Local Rails
- Cross‑Border Payments – rapid settlement, lower fees, automated AML, no banking bottleneck.
- Global Collections – accept fiat or crypto worldwide, get real‑time reconciliation in local currencies.
- Global Payouts – ship funds across the globe, whether fiat or crypto, with minimal FX cost and zero hidden fees.
- Escrow Services – secure, custom‑terms escrow—perfect for milestone deals or high‑value contracts.
All of this is accessible via Damisa Connect, an API‑driven gateway that opens doors to over 25 currencies. Businesses in real estate, education and travel already tap into the platform, saving time, boosting efficiency, and powering rapid expansion in emerging markets.
With this launch, Damisa cements its role as a frontrunner for cross‑border commerce, helping clients move faster, safer, and smarter in the digital economy.
