Reading Time: 2 minutesKey Takeaways:

Syria processed its first test payments using Visa and Mastercard networks.
International cards will work for tourists and visitors first before being opened to Syrian citizens.
The country wants to increase its payment machines (POS) from 4,200 to 50,000 by the end of 2026.
This move helps Syria reconnect with global trade, tourism, and modern banking standards.

Syria officially processed its first Visa and Mastercard payments after 15 years of isolation, marking a big step toward reconnecting with the global financial system.
A New Beginning After 15 Years
After more than 15 years of being cut off from global networks, the country held a special ceremony on May 9, 2026, at the Four Seasons Hotel in Damascus. During this event, the first test transactions were successfully made using Visa and Mastercard. This wasn’t just a small test, it was a sign that Syria is ready to rebuild digital payment systems. The government is working with a local network called Paymera to make sure these international cards can connect easily with local banks.
Mastercard and Central Bank of Syria sign MoU for digital payments
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The Plan for a Modern Payment System
The rollout of this new system will happen in stages. To make sure everything works correctly, the government and Paymera are prioritizing international visitors and tourists first. This allows them to test the technology with a smaller group of people before opening it up to all Syrian citizens. A big part of this plan involves expanding the number of places where people can pay by card. Syria has about 4,200 payment terminals in shops and hotels, but they want to grow that number to 50,000 by the end of 2026. This will make it much easier for everyone to move away from using only cash.
The country wants to increase its payment machines (POS) from 4,200 to 50,000
Rejoining the World Financial System
Connecting back to Visa and Mastercard is a powerful signal that Syria wants to be part of the global economy again. For years, the country was isolated due to conflict and sanctions, making it hard for people to send money or for tourists to visit. By bringing back modern payment tools, Syria is making it easier for trade, tourism, and family members living abroad to send money home. This change is expected to make financial transactions more transparent and help local businesses grow by giving them access to modern banking tools that meet international standards.
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