Al Ansari Exchange and Visa collaborate to launch “Visa Direct” for global money transfers
Al Ansari Exchange, the fastest growing remittance and foreign exchange company boasting 37 branches across Kuwait, has partnered with Visa, a world leader in digital payments, to facilitate swift, secure and hassle-free global money transfers through the launch of “Visa Direct”, which includes transfers to cards and accounts.
This collaboration empowers Al Ansari Exchange customers in Kuwait to send funds, through the Al Ansari Exchange app or one of the branches, directly to more than 4.4 billion Visa cards in over 200 countries, with instant crediting to the recipient’s card .
Vivek Nair, Country Head of Al Ansari Exchange in Kuwait, said: “We are pleased to collaborate with Visa, leveraging its expansive global network to offer our customers a secure, convenient, and hassle-free means of transferring funds to individuals or businesses across over 200 countries. Our partnership with “Visa Direct” allows customers to send funds , through our app or one of our branches , directly to Visa card beneficiaries in line with our commitment to enhance service offerings and provide innovative solutions to meet evolving market demands.”
Mohamed Reyad, Visa’s Country Manager for Kuwait, said: “Our partnership with Al Ansari Exchange in Kuwait represents a significant opportunity to enhance the remittance experience for digitally savvy consumers in one of the world’s largest outward remittance markets. With “Visa Direct”, Al Ansari Exchange in Kuwait’s customers will now be able to transfer funds in real time to Visa cards and accounts worldwide with the backing of our trusted global network, VisaNet. This launch also aligns with the Kuwait government’s innovation agenda, and we’re delighted to once again support the country‘s vision for a more digitally connected future.”
This latest initiative solidifies Al Ansari Exchange in Kuwait‘s position as a leading player in the remittance industry, driving innovation and improving the overall customer experience.
