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5/21/25, 9:19 AM Al Ansari Exchange, UnionPay sign deal at Seamless Middle East 2025 to launch MoneyExpress remittance service - Mubasher Info

Al Ansari Exchange, UnionPay sign deal at Seamless Middle East 2025 to launch MoneyExpress
remittance service

Al Ansari Exchange and UnionPay International at Seamless 2025
20 May 2025 08:28 PM

ALANSARI
ALANSARI
-1.03% Dubai – Mubasher: Al Ansari Exchange, a subsidiary of Al Ansari Financial Services, has entered into
0.96 -0.01 an agreement with UnionPay International during Seamless Middle East 2025 to launch MoneyExpress
remittance service in the UAE.
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The partnership marks a significant milestone for Al Ansari Exchange which has now become the first exchange company in the entire GCC region
to integrate directly with UnionPay’s infrastructure, according to a press release.
The agreement will enable streamlining remittances through a fully digital, real-time interface, ensuring speed, transparency, and user convenience.
COO of Al Ansari Exchange, Ali Al Najjar, stated: “Digital innovation is at the heart of our strategy, and the launch of MoneyExpress marks a
significant step forward in cross-border payment solutions.”

Al Najjar added: “By directly integrating with UnionPay’s network, we are removing traditional barriers to remittance, delivering a faster, more cost-
effective, and customer-centric solution that strengthens our position as a digital leader in financial services.”
MoneyExpress guarantees the exchange rate upfront and credits the recipient’s UnionPay card in Chinese renminbi (RMB) instantly, without
intermediary or bank handling fees.
This provides customers with greater cost transparency and immediate access to their funds.

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