Al Ansari Exchange secures issuance licence from Visa
DUBAI, 1 hours, 52 minutes
ago
Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, has obtained an issuance licence from Visa, the world’s leader in digital payments, making it the first exchange company in the UAE to secure such a status.
The announcement marked another milestone in Al Ansari Exchange’s efforts to enhance its customer’s experience and implement the best industry practices in financial services and digital payment solutions to further reinforce the company’s market leadership.
Mohammad Bitar, Deputy Chief Executive Officer, Al Ansari Exchange, said: “The latest development reflects the confidence and trust of leading financial institutions, such as Visa, in us. As a direct Visa card issuer in the UAE, Al Ansari Exchange can now offer new, secure and seamless payment solutions to consumers and Fintechs in the UAE and beyond.