Page 96 - AAE PR REPORT - JUNE 2024

6/5/24, 9:26 AM Al Ansari Exchange Sees 24% Surge in TravelCard Issuance
Group listed on the Dubai Financial Market, also disclosed in a statement
submitted to DFM that there has been a 28 per cent uptick in the loaded value
during the initial four months of this year compared to the corresponding period
last year.

Travel Card an Innovative Financial Solution from Al

Ansari Exchange

The TravelCard, a secure and innovative financial solution from Al Ansari Exchange,
offers a practical and secure alternative to carrying physical currency. It enables
travellers to load up to 23 different currencies onto a single card, including the
Euro (EUR), US Dollar (USD), British Pound (GBP), and Canadian Dollar (CAD). The

exchange rates offered are competitive.
Ali Al Najjar, the Chief Operating Officer of Al Ansari Exchange, expressed
satisfaction at the positive reception of their multi-currency pre-paid TravelCards.

He attributed this growth to their ongoing efforts to innovate and meet the
changing needs of their clientele.
“As the UAE leads the way in digital transformation across various sectors, we take
pride in contributing by enhancing the digital financial solutions accessible to our

patrons.”
The surge in TravelCard distribution can be ascribed to various factors, including
the resurgence of international travel, competitive exchange rates, and the

increasing demand for secure and flexible travel currency options, alongside Al
Ansari Exchange’s marketing endeavours.

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