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TerraPay, a prominent global money movement company, has partnered with Al Ansari Exchange, the largest remittance and foreign exchange company in UAE and a subsidiary of Al Ansari Financial Services.
TerraPay’s global payment solutions for local payout needs integrated with Al Ansari Exchange’s extensive network expands both organization’s 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 capitalize 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.
Ali Al Najjar, Chief Operating Officer at Al Ansari Exchange, said that, “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.”
The strategic collaboration was unveiled at Seamless Middle East 2024, highlighting how both entities are committed to leveraging technology to enhance the remittance ecosystem. Together, the companies promise to empower clients by enhancing global connectivity, promoting financial inclusion, and driving economic growth in the regions they serve.
