Careem Pay expands remittance service with wallet, cash pickup to 3 countries

Careem Pay remittance service expansion-GCC Business News
Image Supplied | Cropped by GBN
By Arya M Nair, Content Head
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Careem Pay, the digital payments platform within the Careem app, has expanded its remittance service with three major launches: mobile wallet transfers to Egypt, cash pickup in Lebanon, and enhanced wallet and cash pickup services for the Philippines, making it easier than ever for UAE residents to support families and manage finances abroad.

Careem Pay facilitates money transfers to over 35 countries, including some of the largest remittance corridors like India, Pakistan, Egypt, the Philippines, Canada, Europe, and the UK. The service offers a fast, secure way to support families and manage personal finances abroad, with some transfers completed in as little as seconds. Careem Plus members also enjoy exclusive rates on Careem Pay.

Customers can now transfer up to $2,178.35 (AED 8,000) per transaction to mobile wallets in Egypt, with money arriving within 30 minutes. Transfers are supported in Egyptian Pounds (EGP) directly to all major wallets, including Vodafone Cash, Orange Money, etisalat by e&, We Pay, and any wallet on the Meeza Network.

Careem Pay expands global remittance service-GCC Business News
Image Supplied | Cropped by GBN

For Lebanon, customers can send up to $2,178.35 (AED 8,0000 per transaction for cash pickup in USD through Careem Pay’s partnership with Whish Money, with beneficiaries able to collect cash at over 1,000 locations across Lebanon within minutes. For the Philippines, customers can transfer up to $1,633.76 (AED 6,000) for wallet transfers and $2,178.35 (AED 8,000) for cash pickup at 14,750 locations nationwide.

Mohammad El Saadi_Careem Pay international remittance to UK
Mohammad El Saadi
VP – Careem Pay

“We’re excited to expand our remittance offering with services that address real customer needs. Egypt’s mobile wallet adoption is soaring, especially among younger users. Lebanon’s banking crisis means people need reliable ways to send USD for cash pickup. And for the Philippines, one of the world’s largest remittance corridors, we’ve dramatically improved speed with our direct GCash integration while adding essential cash pickup options. From supporting families and covering school fees to managing financial commitments back home, we wanted to make cross-border transfers simpler, faster, and more affordable.”

The UAE-Philippines corridor is estimated at approximately $3.5 billion annually, representing one of the world’s largest remittance routes, with approximately 30 percent of transfers collected as cash. The UAE-Egypt remittance market is valued at approximately $8.1 billion annually. Lebanon faces unique challenges due to the ongoing liquidity crisis, with trust in traditional banking at an all-time low, making cash pickup services critical for over 2 million refugees and the broader unbanked population.

Careem Pay’s mission is to simplify financial services in the region through a comprehensive payments platform that offers seamless P2P and international transfers, bill payments, and other digital wallet services.

To make an international money transfer through Careem Pay, download or open the latest version of the Careem app and select ‘Pay’ on the home screen. As a special offer, first-time users can get up to $136.15 (AED 500) cashback and enjoy zero fees on their first global transfer with code “WELCOME”.

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