Page 36 - AAE PR REPORT - APRIL 2025

Al Ansari, Visa extend partnership on digital

payments

Al Ansari Exchange, a leading remittance and foreign exchange service provider in the UAE
and a subsidiary of Al Ansari Financial Services, on Tuesday announced the extension of its
strategic partnership with Visa, a global leader in digital payments.

The company said the agreement represents the continuation of a robust and enduring
collaboration, focused on driving innovation, facilitating expansion, and redefining the
customer experience through advanced digital payment solutions and card services.

Over the preceding five years, the partnership has yielded significant advancements,
including substantial growth in the prepaid cardholder base, the company said.

Rashed A. Al Ansari, group CEO of Al Ansari Exchange, said the alliance with Visa transcends
a conventional partnership; it embodies a shared commitment to progressive development,
technological innovation, and a customer-centric ethos. “Looking forward, we rea irm our
dedication to leveraging this strong foundation to collaboratively engineer the future of
payment solutions.”

Salima Gutieva, Visa’s VP and country manager for UAE said the extended partnership with
Al Ansari Exchange marks a significant milestone in Visa’s journey to reshape the movement
landscape in the UAE through cutting-edge security and innovation. “Together with Al Ansari
Exchange, we are delivering a better, more reliable experience for consumers, paving the way
for a dynamic future in digital payments.”

https://www.khaleejtimes.com/business/al-ansari-visa-extend-partnership-on-digital-
payments