Careem Pay, the fintech and payments arm of Careem, now offers exclusive exchange rates and zero fees on international transfers for Careem Plus members, making cross-border transactions more affordable.
New users can access rates better than Google’s for transfers to India and Pakistan.
Careem Pay enables near-instant transfers from the UAE to India, Pakistan, the Philippines, the UK, Europe, and Lebanon, with more destinations to follow.
Customers can send up to AED 450,000 per month and AED 150,000 per transaction, with some transfers completing in seconds – the fastest in 2024 took just 11 seconds.
Mohammad El Saadi, VP of Careem Pay, stated:
“Sending money abroad through traditional remittance providers can be expensive due to high fixed fees and transfer rates. We’ve removed fixed fees for Careem Plus members and are offering member-only exchange rates to help them save more with every transfer. We’re also offering the most competitive rates on international transfers – even better than Google’s – for new users sending money to India and Pakistan.”
Careem Plus members receive unlimited free deliveries, exclusive offers on food and groceries, credit back on rides, and discounts on dining, home services, and Careem Bike.
To access these exclusive rates, update the Careem app and select ‘Send Money’ from the home screen.
