Technology

Liv, the digital banking platform backed by Emirates NBD, has launched a new Multicurrency Visa Card that enables customers to spend globally using a single card with automatic currency routing across multiple foreign currency balances.

The new card supports spending directly in AED, USD, GBP, EUR, CAD, and AUD, with all balances managed in real time through the Liv app. The bank said the product is designed for frequent travellers, international shoppers, and customers with cross-border financial needs, eliminating the need to carry multiple cards or manually switch currencies.

The solution is powered by Visa Flex Credential technology, which automatically selects the most relevant currency wallet at the point of sale. If the selected foreign currency balance is insufficient, transactions automatically fall back to AED to ensure payment completion while helping reduce unnecessary foreign exchange conversions.

Liv said the launch represents a global first deployment of Visa Flex Credential with multicurrency capability specifically for cross-border transactions.

Rohit Garg, Group Head of Retail Products and Chief Digital Officer of Retail Banking and Wealth Management at Emirates NBD, said the multicurrency proposition is aimed at making international spending simpler and more cost-efficient through a single secure debit card. He added that the rollout reflects the bank’s focus on digital innovation, customer convenience, and expanded choice.

Salima Gutieva, Visa’s Vice President and Country Manager for UAE, said the multicurrency Flex Credential capability gives consumers greater flexibility and control over how they pay, while offering banks a scalable way to enhance digital payment offerings as cross-border spending from the UAE continues to rise.

The launch forms part of Emirates NBD’s broader strategy to strengthen digital banking leadership and expand cross-border capabilities. Liv described the multicurrency card as a key component of its digital growth roadmap, aimed at boosting customer engagement and international transaction activity.

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