Page 88 - AAE PR REPORT - JUNE 2024

6/5/24, 9:25 AM Al Ansari Exchange reports 24% increase in issuance of TravelCards - Arabian Business: Latest News on the Middle East, Real Est…
percent increase in the load value during the first four months of the year compared to
the same period last year.

The TravelCard is an innovative and secured financial solution from Al Ansari Exchange.

It’s a convenient and secure alternative to carrying cash and allows travellers to load up
to 23 different currencies onto a single card. These include Euros (EUR), US Dollars

(USD), British Pounds (GBP), and Canadian Dollars (CAD). The exchange rates are
competitive as well.

Ali Al Najjar, COO of Al Ansari Exchange, said: “We are thrilled to see such a positive

response to our multi-currency pre-paid TravelCards. This growth is a testament to our

continuous efforts to innovate and adapt to the evolving needs of our customers.

“As the UAE champions digital transformation across all sectors, we are proud to
contribute by enhancing the digital financial solutions available to our customers.”

The increase in TravelCard issuance can be attributed to several factors, including the
resurgence of international travel, the competitive exchange rates and the rising

demand for secure and flexible travel money options, coupled with Al Ansari
Exchange’s marketing initiatives.

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