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Cards

Wirecard, Ansari Exchange to launch multi-currency travel card

Wednesday 10 April 2019 | 01:00 PM CET

Wirecard and Al Ansari Exchange have signed an agreement to launch a multi-currency Visa Platinum card solution and accompanying mobile app.

With the Al Ansari Exchange multi-currency Visa travel card, payments can be made in 16 different currencies and exchange rates can be locked in before any trip.

The new travel card allows its customers to withdraw local currency at over two million Visa ATMs worldwide, to make online purchases and to exchange foreign currencies within the currency card wallets. Customers can manage the card wallets via the mobile app, which allows its customers to instantly lock the card if it is lost, stolen or unused, in addition to checking the card balance and transaction history. The prepaid card can also be reloaded at any of Al Ansari Exchange’s extensive branch network across the UAE.

Wirecard’s authorisation algorithm allows customers to hold multiple wallets at any time, checking available funds against the requested currency, and then automatically sweeping across all other card wallets to avoid unnecessary declines and double conversion. In addition, cardholders benefit from Visa Platinum features including a wide range of travel discounts and upgrades both locally and worldwide.

For more information about Wirecard, please check out a detailed profile of this company in our dedicated, industry-specific online company database.

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