Al Ansari Exchange, the UAE-based money transfer company, has partnered with Visa and Network International to enable funding of global money transfers on the Al Ansari Exchange Mobile app for holders of Visa debit cards. 

 

Through this partnership with Network International, Al Ansari Exchange’s customers can now use their Visa debit cards to fund remittance transactions done on the mobile application, making Al Ansari Exchange the first exchange company in the region to launch this Visa (AFT – Account Funding Transaction) service. 

 

This new and reliable alternative payment method ensures smoother and more convenient way to send remittances from the UAE globally.

 

Mohammad Bitar, Deputy Chief Executive Officer at Al Ansari Exchange, said: “Our strategic cooperation with Visa and Network International is part of our ongoing commitment to enhance the quality and efficiency of our services using the latest technological innovations.  Consumers’ preferences around the world and especially in the UAE are evolving quickly forcing brands to be perceptive looking for the best and most reliable digital platforms, including our mobile app.”

 

Shahebaz Khan, Visa’s General Manager for UAE, Bahrain and Oman, said: “With Visa’s AFT, Al Ansari Exchange customers holding a Visa debit card can simply use their debit cards to fund their remittance transactions from their phone in near real time and with the peace of mind of knowing that it’s also secure.” 

 

Andrew Key, Group Managing Director – Acquiring, Network International added: “Our advanced and secure solution is ideally suited for exchange houses looking to digitalise their remittances offering while keeping costs low. As the world increasingly adopts digital ways of doing things, we look forward to supporting businesses and their consumers in their journey towards digital payments.”-- TradeArabia News Service