CoreCard® Business Update: CoreCard partners with Al Ansari Exchange to offer multi-currency prepaid card processing in the ...
19 Abril 2021 - 9:06AM
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 currencies making it the smartest, safest and
most convenient way to travel whilst enjoying a wide range of
benefits and exclusive offers.
This deployment also showcases CoreCard’s
ability to host its processing services in the cloud which allowed
reduced deployment times whilst achieving the highest standards of
resilience and the ability to easily scale to match a fast-growing
business.
Mohammad Bitar, Deputy Chief Executive Officer,
Al Ansari Exchange, said: “Al Ansari Exchange puts great efforts
into providing world-class services to its customers using the most
advanced technologies and innovative solutions. We are pleased to
collaborate with a modern platform such as CoreCard and integrate
their technology into our systems to further enhance our customers’
experience when using the Al Ansari Exchange Travel Card.”
Lee Blair, General Manager for CoreCard in Dubai
said, “This is a great day for the new CoreCard Dubai office. We
are thrilled to bring CoreCard’s market leading platform and
processing capabilities into the region and are proud to be working
with Al Ansari Exchange to provide such an exciting product to
their customers.”
About CoreCard
CoreCard Software, a leading provider of card
management systems and processing services, offers an array of
account management solutions to support the complex requirements of
the evolving global financial services industry. CoreCard® software
solutions provide the market's most feature-rich and flexible
platform for processing and managing a full range of card products
including prepaid/stored-value, multi-currency wallets, virtual
card issuing, instant financing, small loans, point of sale loans,
fleet, credit, debit, commercial, government, healthcare and
private-label cards as well as accounts receivable and loans.
CoreCard is headquartered in Norcross, GA with additional offices
in India, the United Arab Emirates and Romania. CoreCard is a
subsidiary of Intelligent Systems Corporation [NYSE AMERICAN:
INS].
For more information, email
solutions@corecard.com, or visit www.corecard.com
About Al Ansari Exchange
Al Ansari Exchange, a leading exchange company
in the UAE with the largest branch network, was founded in 1996.
Its first branch started as an offshoot of a flourishing general
trading business by the Al Ansari family, established primarily to
meet the foreign exchange and remittance needs of the Al Ansari
family’s trading partners and customers.
The company has expanded to over 190 branches
nationwide, making it the largest and most popular exchange company
in the UAE today. It employs over 2,500 multilingual staff who
serve more than 2.5 million customers every month. It is one of the
first exchange houses in the country to have integrated innovation
and digital technology into its systems and platforms. Its efforts
culminated with the launch of Al Ansari Exchange Mobile App in
2018. Currently, the App is the highest-rated app among the
exchange houses in the UAE on Google Play and the Apple Store with
over one million downloads to date and more than 200,000 active
users monthly.
For more information, please visit
www.alansariexchange.com
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