Home / Press Release / CoreCard® Business Update: CoreCard partners with Al Ansari Exchange to offer multi-currency prepaid card processing in the UAE
CoreCard® Business Update: CoreCard partners with Al Ansari Exchange to offer multi-currency prepaid card processing in the UAE
DUBAI, United Arab Emirates, April 19, 2021 (GLOBE NEWSWIRE) CoreCard Software, DMCC. (a subsidiary of Intelligent Systems Corporation [NYSE American: INS]), the leading international provider of innovative prepaid and credit technology solutions and processing services to the financial technology and services market, announced today a partnership with Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company.
Under this partnership CoreCard is providing prepaid card processing services for the Al Ansari Exchange Visa Platinum Multi-currency travel card. This card can be used at any merchant worldwide that accepts Visa and can be loaded with any of seventeen different curre
CoreCard® Business Update: CoreCard partners with Al Ansari Exchange to offer multi-currency apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
UAE remittances set for big increase during Ramadan 2021
Waheed Abbas/Dubai
UAE remittances to India, Pakistan likely to see a double-digit growth
Remittances from the UAE will increase substantially during Ramadan, especially on the digital front, according to officials of the foreign exchange and remittance sector.
They believe that the weakening of the Indian rupee, which hit an eight-month low against the dirham, will also play a key role in the growth of remittances during the Holy month.
Usually, remittances from the UAE, particularly those being sent to Islamic countries, increase during Ramadan and the holiday seasons.
“We’ll see this trend continue this year. The indicators are pointing towards positive and robust remittance activities. The transactions are expected to peak in the week ahead of Eid-Al-Fitr, when residents start transferring money to their families and loved ones in their home countries. We forecast the growth trend during Ramadan and Eid Al-Fitr t
A Bangladeshi car garage owner who moved to the UAE nearly 40 years ago told of his joy after scooping Dh10 million ($2.7m) in the Abu Dhabi Big Ticket draw.
Shahed Ahmed Moulvifaiz, 55, has bought lottery tickets for more than two decades, but never thought he would win the grand prize.
He lives in Al Ain with his son, 25, where they run their family business. His other children, aged 15 to 26, live with his wife in Bangladesh.
“Our lives are going to change,” Mr Moulvifaiz told
The National moments after being declared the winner during a live draw on Saturday night. Shahed Ahmed Moulvifaiz won Dh10 million in the Abu Dhabi Big Ticket draw. Courtesy: Mr Moulvifaiz
Sheikh Hamdan envisioned a progressive UAE economy khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.