Page 22 - AAE PR REPORT - JUNE 2025

7/2/25, 9:38 AM Al Ansari Exchange Launches Instant Digital Prepaid Cards via Mobile App to Boost Financial Inclusion - Technology news and insig…

Al Ansari Exchange Launches Instant Digital Prepaid Cards via

Mobile App to Boost Financial Inclusion

Shahzaib 18 Hours Ago 02 Mins

Al Ansari Exchange, the UAE’s largest remittance and foreign exchange provider and a subsidiary of Al Ansari Financial Services PJSC, has
introduced instant digital issuance of its prepaid TravelCard and FlexiblePay cards through its mobile application. This innovation supports
the UAE’s vision of fostering a cashless economy and enhancing financial inclusion.

UAE residents can now instantly receive a 16-digit Visa co-branded digital card upon approval via the Al Ansari Exchange app, eliminating
the need for branch visits. The digital cards are immediately ready for use and seamlessly integrate with Apple Pay, Samsung Pay, and Google
Pay for secure contactless payments.

The TravelCard caters to international travelers with features like competitive exchange rates, multi-currency support, and global acceptance.
The FlexiblePay card is designed for daily expenses, offering reload options, online shopping capability, and wallet integration. Both cards
incorporate robust security measures to protect transactions.

Ali Al Najjar, COO of Al Ansari Exchange, emphasized the company’s commitment to delivering convenient, secure financial solutions that
empower individuals and align with the UAE’s ambition to become a leading digital economy and global financial hub.

Al Ansari Exchange continues to leverage technology-led services in remittances and currency exchange, maintaining the UAE’s largest
network and a growing digital user base. The company holds a strong financial rating of 5A1 by Dun & Bradstreet.

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