Riyadh, Saudi Arabia – barq, the fastest-growing digital wallet in Saudi Arabia, has announced a strategic partnership with Western Union, the global leader in international money transfers. This collaboration aims to redefine money transfer services in the Kingdom, enabling millions of users to send and receive money through the Barq app with enhanced ease and security.
The partnership integrates Western Union’s extensive global payment network with barq’s advanced financial technology solutions, allowing users to instantly access international money transfer services directly from the barq app. This initiative aligns with Saudi Vision 2030’s goals of accelerating digital transformation and fostering financial inclusion across the Kingdom.
Through this collaboration, barq users will benefit from new features, including greater convenience, faster transactions, and the ability to send money globally via a world-class, reliable partner. The integration with Western Union ensures secure international transfers at competitive rates while reducing the time and effort required to complete transactions. Users can now access Western Union’s expansive network spanning over 200 countries, offering a seamless and efficient money transfer experience.
Faisal Al Khamisi, Chairman of barq, highlighted the significance of the partnership, stating: “This partnership represents a new strategic step that positions barq at the forefront of financial innovation. It aligns with Saudi Vision 2030, which aims to accelerate digital transformation and enhance financial inclusion. At barq, we believe that providing advanced financial solutions goes beyond basic payment services—it is about creating a qualitative shift in the user experience. This integration provides easy, fast, and secure international money transfer services to millions of users, strengthening barq’s position as a leading player in the digital financial sector.”
The partnership reinforces barq’s commitment to financial empowerment and innovation, further solidifying its position as a major digital financial services provider in Saudi Arabia.
barq has rapidly grown to become the Kingdom’s fastest-growing digital wallet, surpassing three million users in record time since its launch. The company remains dedicated to maintaining its leadership position by forming strategic alliances aimed at enhancing the user experience and delivering world-class financial services.
About barq: barq is a leading digital wallet in Saudi Arabia, committed to offering advanced financial solutions and seamless payment experiences. With a focus on innovation and customer satisfaction, barq continues to pioneer new financial technologies and services that empower users across the Kingdom.
About Western Union: Western Union is a global leader in cross-border, cross-currency money movement. With a network spanning over 200 countries and territories, Western Union provides individuals and businesses with fast, reliable, and convenient ways to send and receive money worldwide.
