Kuwait Finance House is partnering with Visa to launch a mobile wallet for the bank's Visa credit and prepaid cardholders, according to multiple local news reports.

Waleed Khaled Mandani, the group chief retail and private banking officer at the Kuwait Finance House, told a local publication that the partnership is another important addition for its customers to use the latest payments technologies available on the market.

Visa's token service will power the wallet, according to local reports.