Page 69 - AAE PR REPORT - MARCH 2025

3/26/25, 9:10 AM Dubai's Al Ansari to launch digital wallet - users can open digital accounts, get pre-paid cards
The Al Ansari digital wallet is about reinforcing the company’s commitment to financial inclusion and driving the UAE’s vision of a cashless
economy'.
With the SVF license, Al Ansari Digital Pay can get users to open digital accounts, and for them to manage their funds digitally.

The RPSCS license will allow it to issue prepaid cards, help with merchant payments, and provide acquiring services for both online and retail
businesses.
The Al Ansari Wallet is set to launch in-Q2 2025, delivering 'fintech solution that will cater to both individual consumers and businesses'.
"The platform will empower unbanked and underbanked communities with accessible and affordable financial services including micro-
financing solutions," said a statement.
Online payment options are now the default setting for legions of UAE consumers.

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