Syrian digital payment platform Sham Cash has revealed that it's preparing for a major expansion of its services, with plans to deepen integration with banks, businesses and government institutions as electronic payments gain momentum across the country. The company's Marketing and Public Relations Director, Mohammad Bseiki told Al-Ikhbariya news agency that the platform has recorded steady growth in bill payments since the beginning of 2026 and is technically ready to expand its services to both public and private sector institutions. Bseiki explained that Sham Cash's infrastructure is capable of supporting wider electronic payment services and that the company is ready to cooperate with any institutions interested in joining its network, with the aim of simplifying daily transactions and reducing reliance on cash. He said usage had increased significantly since the start of the year, attributing the growth to the app's ease of use, faster transactions and the increasing number of services available. According to Al-Ikhbariya, Sham Cash currently supports payments for passports, higher education services, university admissions, the Syrian Virtual University, telecommunications services, and Hajj and Umrah-related transactions. Additional services are expected to be added as coordination with government agencies and other institutions progresses. Bseiki said the company has already begun accepting API integration requests from businesses and digital platforms, allowing merchants and applications to connect directly to the electronic payment system and expand digital services. One of the most anticipated developments is direct integration with Syria's banking sector. Bseiki revealed that Sham Cash is conducting technical and administrative coordination with several banks to enable users to transfer funds directly between their digital wallets and bank accounts without relying on cash transactions. The company is also studying future features that would allow balances to be converted between the Syrian pound and foreign currencies, although no timeline has yet been announced. Addressing security concerns, Bseiki told Al-Ikhbariya that no breaches of the platform's systems have been recorded since its launch and that no users have lost funds because of technical failures. He said reported cases of financial loss had resulted from external fraud and scams rather than vulnerabilities within the system itself. He stressed that Sham Cash's development strategy for 2026 rests on three pillars: expanding the network of businesses and institutions connected to the platform, introducing new financial and government services, and strengthening public confidence through high standards of security and transparency. As Syria's digital economy continues to evolve, the company says it hopes electronic payments will become an increasingly common part of everyday life, reducing dependence on cash and making financial transactions faster and more convenient for citizens. https://radiofreesyria.com/sham-cash-announces-expansion-plans-as-electronic-payments-continue-to-grow/
















