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5/20/24, 9:48 AM TerraPay and Al Ansari Exchange Partner to Simplify Money Transfer | MENAFN.COM

TerraPay and Al Ansari Exchange Partner to

Simplify Money Transfer

Date
5/19/2024 2:18:29 AM
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(MENAFN- Orient Planet Group) UAE – 16 May 2024: TerraPay, a prominent global money
movement company, has partnered with Al Ansari Exchange, the largest remittance and
foreign exchange company in the UAE and a subsidiary of Al Ansari Financial Services PJSC

[DFM: ALANSARI]. TerraPay’s global payment solutions for local payout needs integrated with

Al Ansari Exchange's extensive network expands both organisations scope of operations and
improves their capabilities to serve a broader customer base with efficient, secure, and
seamless transactions.

With its strong portfolio of financial services and customer-centric approach, Al Ansari

Exchange provides its clientele with flexible and reliable remittance options. The latest
partnership will allow TerraPay to capitalise on this expertise and expand its presence in the

UAE, in line with the company’s strategic objectives of expanding its global footprint and
enhancing its offerings.

Ani Sane, Co-founder & Chief Business Officer at TerraPay, commented, “We are thrilled to
partner with Al Ansari Exchange, a respected name with a rich heritage in the UAE. This

partnership allows us to leverage combined strengths and capabilities. Together, we are
prepared to extend our services and better serve customers, making cross-border

transactions more seamless and accessible.”

Ali Al Najjar, Chief Operating Officer at Al Ansari Exchange, said, “We are delighted to enter

into this strategic partnership with TerraPay, a leading force in global money transfer. This

collaboration signifies our commitment to providing our customers with flexible and reliable
remittance options. TerraPay's global network and innovative technology complements our

expertise, allowing us to offer a wider range of services."

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