Page 95 - AAE PR REPORT - January 2025

Ali Al Najjar, Chief Operating Officer, Al Ansari Exchange
Al Najjar says, “The UAE remittance industry has seen major transformations in recent years,
fuelled by several technological innovations. One key development has been the introduction of
digital wallets and mobile applications. Our mobile app, for instance, empowers users to send
money seamlessly, at competitive rates with low transfer fees. Furthermore, we are also
considering leveraging artificial intelligence (AI) and machine learning (ML) to enhance security and
improve customer service.”
Of course, another of the recent transformations is the integration of India’s Unified Payments
Interface (UPI) with the UAE, making payments simpler than ever between the two countries.

https://www.msn.com/en-gb/money/other/tech-promotions-fuel-surge-in-uae-india-
remittances/ar-
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