Page 24 - AAE PR REPORT - December 2024

12/5/24, 4:01 PM Al Ansari Exchange and Visa collaborate to launch “Visa Direct” for global money transfers - Times Kuwait
Al Ansari Exchange and Visa

collaborate to launch “Visa Direct”

for global money transfers

December 4, 2024 325

Al Ansari Exchange, the fastest growing remittance and foreign exchange company boasting 37 branches
across Kuwait, has partnered with Visa, a world leader in digital payments, to facilitate swift, secure and
hassle-free global money transfers through the launch of “Visa Direct”, which includes transfers to cards and

accounts.

This collaboration empowers Al Ansari Exchange customers in Kuwait to send funds, through the Al Ansari
Exchange app or one of the branches, directly to more than 4.4 billion Visa cards in over 200 countries,
with instant crediting to the recipient’s card .

Vivek Nair, Country Head of Al Ansari Exchange in Kuwait, said: “We are pleased to collaborate with Visa,

leveraging its expansive global network to offer our customers a secure, convenient, and hassle-free means of
transferring funds to individuals or businesses across over 200 countries. Our partnership
with “Visa Direct” allows customers to send funds , through our app or one of our branches , directly to Visa

https://timeskuwait.com/al-ansari-exchange-and-visa-collaborate-to-launch-visa-direct-for-global-money-transfers/#:~:text=This collaboration empower… 1/2