The evolving nature of travel, coupled with the increasing number of travellers, has resulted in a notable 24 per cent rise in the distribution of multi-currency pre-paid TravelCards by Al Ansari Exchange.
As one of the major players in remittance and currency exchange in the United Arab Emirates, Al Ansari Exchange, a subsidiary of the Al Ansari Financial Services 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.
